Last week, there was a real big Yang, and the trading volume was not bad. The overall trend is still consolidating in the flag. Unless it reaches the top of the bull flag, we will consider shorting. The current primary concern is whether 65k can be successfully broken through. If the weekly K closes above this, at least 68k+ will be seen.

Yesterday's daily K is also a good signal for bulls. Although it is also a cross line, the lower shadow is relatively long and closed above, but the selling pressure above is too large, and it is still a bit dangerous here. If the next round of upward rush still cannot go up, then the downward fall will be large, and it is very likely to go to around 60k. After consolidating and accumulating power, it will choose to continue to move upward.

The short-term broke up today and came to the previous oscillation high point, which is also the opening of the previous round. The bottom has been hit more firmly during the two-day oscillation process over the weekend, especially after a big Yang came out this morning, there was a partial start signal.
According to the short-term, the acceptable callback range can only be around 63200. Only by getting support here can there be a prerequisite for continuing to hit 65k.

Yesterday, the daily K closed positive again. First of all, there is not much change in the current form and structure. It is inside the bull flag. After testing this bottom, it forms a staged high point at 65k. The decline in this section depends on the callback in the previous section. After 52k is recovered, it will stabilize the 50 axis again. After stabilizing 57k, the next two staged targets will be 59k and 61k. After breaking through these two barriers, the upper resistance will be relatively less, and there will not be frequent wash-ups like now, so there may be a certain risk of decline at 59k.

We mentioned 1h yesterday. The previous shock support was around 5.73. Then it came back to test yesterday, and then it continued to rise and entered the intraday consolidation period, so there should not be too many callback opportunities here.
From the perspective of form, it also forms an up-down structure. The pressure here will be heavier, so it is not so easy to break through, forming the current shock. In fact, this wash-up is very beneficial for the subsequent 📈 of the bulls.

Near the current pressure, the resulting shock represents a fall in place of a fall, so from a small-scale perspective, it is still a relatively healthy upward trend.
For today's operation, we will not consider short positions, as there will not be many opportunities for a pullback, so we will slowly increase in batches.

The video is released in advance, the 3,000-point expectation is just right. I have kept four layers of bottom positions in my hands, and I have set up a capital preservation order. I have arranged for the abalone meal, is it too much to give a thumbs up xdm?

The key point of the daily line is still 56k, which is also the starting point of the previous round of gains. It made a false break and recovered. If it holds, it will trigger a good round of 📈.
If you receive this much near 56k, the defense will be placed at the low point, that is, 5.54. If it does not fall below this low point, we will look at a larger level, at least a period of more than 4h, with a very good profit and loss ratio. If it cannot hold, go short to 52k. If it holds, there is at least 3,000 points of 📈 space.

Although the daily line is bullish engulfing, it cannot be regarded as a strong signal for the time being, unless there is another big positive line today to establish the up-down pattern. In general, it is better to treat it as a shock. The current market sentiment is relatively confused. It is neither a trend nor a regular shock. It depends on whether there will be a better buying point this week.

The short-term came to 5.98, blocked by the pressure of the previous high point, and then fell back to fill the gap of this positive line, which is about 5.88. The two key positions above the small cycle are basically at 60k and 61k.

The intraday tendency is to go up first and then down. Look for long opportunities near 59k first. After obtaining liquidity near 60k, it is likely to be suppressed by shorts and continue to fall.

9.3 Coin Circle Morning News

1. Data: Global CEX monthly trading volume reached US$1.2 trillion in August, a month-on-month increase of 6.6%;

2. Tiger Securities Financial Report: One-stop trading supports BTC and ETH
18 kinds of virtual asset transactions;

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4. Pencils Protocol completed a new round of strategic financing at a valuation of US$80 million, with participation from Bing Ventures and others;

5. The number of transactions on the TON blockchain exceeds 1 billion;

6. Al-driven web3 tracking platform Trendx completed 5 million
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cast;

7. Web3 infrastructure project Caduceus completes Series A strategy
Financing, led by SIG;

8. President of The ETF store: 4 Bitcoin spot ETFs occupy the top four in capital inflows of newly listed ETFs in the United States this year;

9. Data: In August, Bitcoin miners’ income slightly exceeded 850 million US dollars, and Ethereum staking income fell to about 210 million US dollars;

10. The probability that the Federal Reserve will cut interest rates by 25 basis points in September is 69%;

11. Sun Yuchen released a preliminary proposal for revenue distribution of the SunPump protocol, which will be open to community voting;

12Vitalik: The glue collaborative processor model will reshape computing in fields such as blockchain, AI, and cryptography.

The third short-term 📉 is completed, 57k is lost and regained, and below 61, we still need to build a central axis and continue to go down. The rebound strength is good, but the rhythm is a bit slow.
60000➕Look for a short opportunity, and treat it as a trial and error with a small loss.

Last week's weekly line closed very strongly. This big positive line basically determines the direction for a period of time in the future.
From the perspective of the weekly line, the more critical position is 68k, which is used as a large-scale suppression reference.

The daily line is relatively clear here. In the early stage of the process, 65k was the opening of this round of accelerated decline. It was also a place where transactions were relatively dense in the early stage. It would form a certain suppression. There is a high probability that it will continue to fluctuate here and continue to move upward after accumulating momentum.

The short-term adjustment is around 63k-65k. There is a certain demand below, but how strong it will be. It is not easy to say.
The best entry position is around 63k, and the secondary buying point is around 635.

Have a nice weekend
I have been calling for a week and finally got the result
It took four days and I won 5000 points!
This amount was given too timely!

It pulled back 65k in one go, there must be a step-back process
This time it really went xdm

Short-term frequent gates, the strength difference is not too much, the sawtooth oscillation structure, a very obvious wash process, it is not sure at what time the trend will go out, this week should be about the same, and there is a high probability that the direction will be in the next few days.
Yesterday's section is similar to the previous two days, forming a double resonance gap, so the support formed by this area in the later period, or the suppression formed at present will be very strong, the first point to pay attention to.

On the other hand, it is in a convergence process, the weak structure of 1h has been destroyed, and no lower lows have been hit again, and in the process of convergence, the upward trend line here is established, entering the end of the wash, which means a greater opportunity.

Whether you are currently holding long or short positions, you must bring corresponding protection.
Start standing on the side! Keep doing it with 59k as your back! 📈📈📈

It's too extreme.
Who's in charge tonight?
Does it have to be so perfect?

Another short position,
1000+ is taken!
The resonance gap is likely to hold,
be ready to go at any time

Wake up and collect a sum of money,
1500+ to get it!
It's very comfortable to v back and forth

The market closed at a cross for two consecutive weeks, and the long-short game was very intense. This week, the turning point is approaching. The daily line is still suppressed by 0.618. Although there is no large-scale 📉, it is already a relatively obvious weak pattern. Therefore, the probability of the daily line continuing to weaken here will be greater. Next, we need to continue to pay attention to the support of 56k.

Here, yesterday's trend is actually quite interesting. After getting liquidity upward, it was swallowed up by the Yin line behind. Normally, it should not go up later. In the end, it slightly broke the previous high. It started to accelerate the decline in the early morning of this morning. Now it is more challenging to set the stop loss threshold. The 0.618 of the 1h decline is about 595. After being suppressed, it can be used as a reference for short positions. It is also necessary to be wary of whether it will go up and test the parallel top near 60k and then go down.
For the entire trend last week, it is actually constantly plundering liquidity to achieve the process of absorbing funds. There is nothing more to say. After all, there was no particularly large fluctuation over the weekend, and there was not much change in the 4h and daily lines.

One long and one short, two trades, perfect control within the day.
Return to 57k, you can continue to do it,
Long-term effective before 56 breaks

I went to bed early, and was woken up by the alarm at 5am [sad face]
The resonance gap was suppressed, one at 60k, one at 56k
Both long and short positions were affected, isn’t it accurate enough xdm?

The most disgusting thing is that I didn’t place an order at 56000, and watched it go up, it was uncomfortable

It's going up, 0.618 will hold again, awesome!
A small position, let's see if the gap yesterday can be suppressed...

There are not many patterns on the current daily line. Since the 8th, it has basically been adjusting. Therefore, the videos during this period are mainly small-level. There is no particularly strong or weak signal on the daily line. It is still in the adjustment period. Be patient and wait and see how the weekly line closes this week.

1h still maintains a weak pattern, and the high point continues to decline. It has begun to test the previous low point. Now it will be better to treat it as an oscillation box between 57k-62k. There are actually not many technical structures for oscillation. You only need to pay attention to several key pressures and supports.
After the door was drawn yesterday, a gap was left near 60k, and it was a gap that included the resonance of the previous big sun. If there is a chance for a rebound, it can continue to 🈳 near this gap.

Now there will be more key supports below, including the 0.618 callback level of the pull-up on the 8th mentioned in the previous video. It has not been broken so far. It just means that there was no strong rebound after coming here today.
If you want to do it, try to enter once near 575/580. More importantly, you need to observe the behavior near 56k, hold it and enter again, and look at 52k if it breaks.

The stuck point was not hung up,
The breakthrough failed and continued to chase!
It was great

Backed by 584 card point,
Open in advance, steady needle connection
Let's look at the price behavior near 60k. The recent state is so good, just card point connection and enter