Market Analysis 8.13
Good morning, brothers. Influenced by Trump's dialogue with Musk,
BTC rebounded to $59,800.
When it falls, we should see opportunities;
when it rises, we should see risks.
Brothers who still have bullets should not add positions.
There are still three major risks that have not been resolved this week.
Don't go all in, otherwise you will be in trouble if you are stuck.
The current position recommendation is 70%.
The White House is ready to deal with a major attack that Iran or its Middle East proxies may launch this week.
The United States ordered nuclear submarines and aircraft carriers to accelerate to the Middle East.
Ukraine now claims that its troops control 1,000 square kilometers of Russian territory.
Russia urgently evacuated 180,000 citizens!
If a major conflict occurs, BTC will fall another 5%.
In addition, we must prevent
(1) BTC movement in Mentougou
Two weeks ago, a trial transfer transaction occurred in BTC in Mentougou
There will be movement in the next 1-2 months
(2) Inflation data is released, which may be higher than expected
On Tuesday at 20:30, the US July PPI will be released. Higher than expected is bearish, and lower than expected is bullish.
At 20:30 on Wednesday, the US July CPI was released. Higher than expected is bearish, lower than expected is bullish.
While holding some spot, find a few coins to short to hedge the risk
You can consider shorting Arb above $0.59, and stop loss when it rises 5%
The current general direction is bullish, but there may be a pullback due to negative factors in the middle.