8.31 Evening Bitcoin Strategy Analysis

Bitcoin is under too much pressure from above, and is consolidating at a high level. Will it continue the bull market by rising again or continue the long and short double kill waterfall?

The price of Bitcoin is still at a high level recently. Let's analyze the market's long and short sentiment and the trend of the future cycle! First of all, from the weekly line, the overall market is still supported by the lower track. The overall shorts are obviously more than the big ones. If you want to pull the market strongly in the future, the long chips at high positions will most likely be washed out. Below the previous low position is definitely the stop loss position of most longs. It is a high probability event to break through. From a daily line, the upward trend has begun to weaken and the top escape signal has appeared. The top has begun to show. MACD has effectively increased its volume and has fallen back with excessive strength. In the short term, it is the most profitable to arrange short orders. I want to learn more about a view, strategy and technical knowledge: eth9908

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