Operation suggestions on August 29:

There is no doubt that the market is in a bearish trend. In the early morning, the price of the big cake dropped to the previous important support of 57,800 for the second time. Although it did not make a new breakthrough after touching it, it has already shown the attitude of the bears. The overall situation at midnight is still in the middle of the 59,000 range, and there is still room for fluctuations; the second drop in the early morning also gave us the opportunity to exit the short orders that we had arranged at the bottom, and as expected, we took the 1312-point space and left the market smoothly; this is strength, professional level aside, the experience and mentality of many people cannot be compared, and in this trend, you must be steady, and it is useless if you can't hold the order when you see a little disturbance.

Regarding the current market, I want to say that those who are still blindly expecting a return to the bullish trend in the short term are indeed overthinking. At present, we must first focus on whether the decline can be stopped to develop subsequent layouts; there is no doubt that the current rhythm of the market is dominated by shorts. Previously, when the currency price was still consolidating above 63,000, it was mentioned that if the market can stabilize in the high range and see-saw through this month, then the bulls will usher in an explosion next month, and there is hope for a new high, but the reality is that the current bullish trend, which is not strong, has disappeared. If the current market cannot stabilize above 59,000, then the support range of 57,800-58,000 below is just a paper tiger, and it is very likely to collapse. I personally think that the market still has a need to explore downwards. Although it is accompanied by rebounds step by step, the strength is also a drop in the bucket, and the trend has not improved. The current layout is still arranged around making 🈳.

Bitcoin: around 59500-60000🈳, looking around 57800

Ether around 2550-2580🈳

Looking around 2450

(The market is changing rapidly, for reference only)#比特币行情 $BTC $ETH