💡8/29 Graphical simplified version Simple analysis #BTC

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Last night, it entered a wide range of fluctuations and reached a new low (false break), which also verified that the bottom bulls still had buying support, and also helped us confirm the bottom key position of 57800-57900 again.

The current price is still in line with yesterday's expectations, and it is being repaired and adjusted. Pay attention to the key price of yesterday's rebound high point near 60200.

Since the trend of both large and small cycles is bearish, our trading is mainly short-selling, and the core of the transaction revolves around the two key positions just discussed.

📉Plan1: The price tested 60200 again and was suppressed, and the short position was arranged on the left.

📉Plan2: After the price is fully adjusted, it begins to fall below the key position of 57800-57900, and consider chasing the short position on the right