2024.8.9 Market Guide

1. The market reversed all the way, and BTC rose to around 62700 and then fell back. In terms of data, BlackRock's net outflow reached as high as 157 million, grayscale outflow 180 million, and institutions are also dumb buying each other. In the overall environment, international situation is gradually easing, and economic data also eased the expectation of the decline of the US empire.
2. Two important pressure points, 60000 and 62500, were mentioned yesterday, but the direct pump exceeded expectations, resulting in a loss in a short position. With such a large and rapid pump, once the grayscale or MTG starts to act, it may trigger panic sentiment, and the market is likely to continue to decline. The price may not reach 49000, but there is a high probability of reaching around 58000 or even lower.
3. In terms of operation, no matter where the short position is, 58000 is the first target and the long position will be determined based on real-time trends and data. This round of pump is basically confirmed to be the work of institutions. Once the chips loosen, short-term cashing out and moving on to the next project is a common choice for institutions. Brothers who are currently chasing rising prices in the short term must be cautious.
Today's Point:
BTC空单
Build a Position62500
stop loss63500
take profit58000
P: Currently, the chance of reaching 62500 is slightly small. The specific point does not necessarily have to be 62500. You can build a position in batches from above 61000. Pay attention to the position and strictly control the stop loss.
#BTC  #实盘合约