1. Market analysis: From the 1-hour K-line, on the evening of August 14, the CPI data was positive, and the BTC price briefly surged to around 61840, and then was blocked in the strong pressure range of 61800-62000 and fell all the way to a low of 57650, a drop of 4000 points, nearly 7%, and then rebounded to a high of around 59820 at the hourly level in the afternoon of August 15, with a rebound of 2000 points. Last night at 8.30, it took advantage of the negative news to wash the market down to around 56000, breaking the previous strong support level of 57650. Now it is in a volatile upward rebound during the day.
2. Operation idea: For intraday trading, we choose to short at highs. The shorting point is around 59300-59500, and the stop loss is around 60100. Then, the first stop profit point is placed at 56000, and the second stop profit point is placed around 54000. If you want to go long, you can place a long order around 54000. If the future market goes to around 54000, BTC cannot support it, then we have to look down to around 51000
3. To summarize: The future trend of BTC I I personally prefer to rebound to around 60,000 and then fall back to 56,000. If it falls below this point, then we will see around 54,500 next. In extreme cases, the bottom should be around 51,000. If BTC moves strongly at night and stands above 60,300, then the next rebound point is 62,000 or 63,000. However, I think the probability of such a V-reversal is very small.
🎁Discuss the topic of BTC's future market trend, 100USDC bonus
Rules: Binance Square and quote my Binance Square article, talk about your views on the future market, and attach your logic 👉5 high-quality posts will be selected from Binance Square, and each person will receive 20 USDC.
The recent market situation is puzzling. The US stock market has been rising and recovering the decline, and there is a trend of breaking through the previous high. The currency circle has been falling and there are signs of a second bottoming out... Especially a few days ago, it was a false second bottoming out and then broke through to 62,000. In the early morning, it was a false breakthrough and stabilized at 60,000, and fell directly to around 56,000. Share your views on how BTC will go next
This post is jointly sponsored by Binance Square #Binance
1. Combining the trend after May 19, 2021 and November 2019 and 2022, Bitcoin will have a second or multiple bottoming process after a period of rapid decline and rapid rebound to confirm the validity of the bottom. Therefore, after this rebound, it may encounter strong pressure between $58,000 and $60,000. If it cannot effectively break through and stand firm, it may then pull back again to test the support of the $50,000-52,000 area
2. However, only in the March 12 incident in 2020, Bitcoin fell rapidly to half, and then rebounded and formed a V-reversal market
3. In summary, from a probabilistic point of view, Bitcoin often has one or more bottoming out in most rapid declines, and this time the rebound high after the rapid decline to $49,000 on August 5 may be in 5 Between 8000-60000 US dollars, if it cannot effectively break through this area, a second bottoming trend may occur
4. Opening ideas: At present, if the rebound is near the strong pressure level of 58500, you can try to short, see around 52000, stop loss of about 1000 points, the position should not be too large, if the market goes out of the V-reversal, stand at around 60000, you can try to go long and see the target around 67000
Topic debate, 200USDT bonus Rules, quote my article and express your own views on the current trend. Can BTC reach a new high? And is encryption over? Be sure to attach your logic!
📌Personal subjective: The market has not ended. This round of decline is a black swan in the bull market. It can also be said that it is a leverage behavior, or it has entered the mid-term of the 519 bull market in 21 years. Judging from the data of ETFs, purchasing power is still strong. I don’t think that the landing of ETFs will end the market. The narrative of the second half of the year still exists. The interest rate cut does not mean that a larger increase will be seen immediately, but the interest rate cut is a powerful stimulant for the market in the long run.
Welcome everyone to exchange views rationally. I will select 10 posts with the highest content quality and the highest interaction in the quotes. 🎁20U per person.
🎈This post is jointly sponsored by Binance Square #BNB
1. Combining the trend after May 19, 2021 and November 19, 2019 and early November 2022, Bitcoin will have a second or multiple bottoming process after a period of rapid decline and rapid rebound to confirm the validity of the bottom. Therefore, after this rebound, it may encounter strong pressure between $58,000 and $60,000. If it cannot effectively break through and stand firm, it may then pull back again to test the support of the $50,000-52,000 area.
2. However, only in the March 12 incident in 2020, Bitcoin fell rapidly to half, and then rebounded and formed a V-reverse market.
3. In summary, from the perspective of probability, Bitcoin often has one or more bottoming out in most rapid declines. This time, the rebound high after the rapid decline to $49,000 on August 5 may be between $58,000 and $60,000. If it cannot effectively break through this area, a second bottoming trend may occur.
4. Opening ideas: At present, if the rebound is near the strong pressure level of 58,500, you can try to short. When it reaches around 52,000, stop loss of about 1,000 points. Don’t take too large a position. If the market goes through a V-reversal and stabilizes around 60,000, you can try to go long with a target of around 67,000.
LIVE
艾叔
--
👉Topic interactive event, 200USDT bonus👈 After the plunge, there are opportunities everywhere? Can you enter the market? -------------------------------------------------- Rules: 1. Quote and attach your own views, not comment in the comment area. 2. The post with high views and high interaction wins
Prize: 10 people * 20u each🧧 📊Welcome friends to share their views objectively and rationally🧐
🚩This event is officially sponsored by Binance Square
Today's topic: What friends are most concerned about at present is whether they can enter the market and what they can do? Let's first cut the boat to find the sword No matter the previous 94 312 519 or the callback in June 22, in each round of such callback, some have second tests and some do not have second tests,
The chips are being distributed, sideways, distribution and decline, sideways, continue to decline, bottoming Then the current position is worth thinking about, is it a relay of distribution or stagnation?
However, the actual operation is simple: We only need to make the first point clear, you can't copy the absolute bottom (full position requires luck) SO from 5 to 5w, Lao Ai dared to share that it is possible to enter part of the position. When there are opportunities everywhere, you can pick up chips, but we can't use up all our bullets.
Lao Ai summarizes the subsequent operations, and welcomes friends to discuss and share:
Spot view: 1. At the current stage, every replenishment is a left-side behavior, so don't add a heavy position, although it is certain that the price of 5w 4w will make money whether it is this round or you lie flat to the next round, and the retracement can exceed 30 points? Such a profit-to-revenue ratio is worth doing. For those who entered the market around 25,000, do not add positions for the second test. [The added positions on 5.8 and 6.2 can be appropriately exited, and do not control the position above 8 layers.] 3. The rebound since 4.88 is unhealthy if there is no support test near 5.3, so those who did not add positions at 50,000 should wait for the opportunity of the second test. 4. If there is no second test, strong trading volume needs to enter the market continuously, so how to participate? After piercing 6.25, do a retracement to 5.75-5.8 expectations and make the next stage of rebound. Lao Ai rarely participates in this short-term market. You can enter the market in the next stage after the trend breaks through and retracements.