8.27BTC fell back and oscillated in Accumulation, the latest strategy layout for BTCETH on Tuesday.
#DOGS上线后市值能否超过PEPE市值? #九月降息预期下,BTC能否大涨? I believe that every investor is striving to increase the possibility of wealth, and everyone knows that investment always comes with risk. Risk is the cost you bear when you don't know what you are doing, while the market rewards experienced individuals with more profits. People often say that in the Virtual Money market, discipline and mindset control are more important than anything else. However, I must point out that all of this is premised on the fact that you must have a well-tested and market-tested analytical mindset, otherwise there is a risk of empty talk.
I think some people must be worried about something now: 'Why do I buy fall and then it rises, and when I buy rise, it falls?' Let me ask you the opposite: Did you buy based on your mood or take a chance? The moon waxes and wanes, and the market flourishes and declines. The reason behind this is actually fluctuation and cycles. Professional competence determines the starting point, and thinking determines the speed of progress. My team and I study market trends carefully every day, searching for and exploring market trends, predicting future trends through candlestick patterns, moving average systems, and technical indicators. Here, I hope to provide assistance to investors in the field where I am most proficient. If you encounter difficulties in investment, you can communicate your problems with me and provide the most reasonable solution.
In the article on August 24, I analyzed and explained the speech of Fed Chairman Powell at the global Central Bank annual meeting in my Depth, revealing explicit support for the interest rate cut policy in September. Following that, the BTC market presented a magnificent picture last Friday: during the Asian session, the price steadily rose; followed by the European session, the upward trend continued; until the eve of the American session, the market experienced a brief pullback, which seemed like a move to lure short sellers, but in fact, it was a buildup for subsequent breakthrough. Subsequently, BTC broke through the key level of 62000 in one go, briefly retraced to 61000, accelerated upwards, and finally successfully stabilized above the important psychological barrier of 65000.
Looking back at the complete trading day last Friday, BTC showed a slow rise and fast pump trend, especially during the American session. Its accelerating momentum not only regained some of the lost ground in Thursday morning, but also stimulated strong bullish sentiment in the market. However, with the breakthrough of the 65,000 level and the dust settling on the expectation of the Fed's interest rate cut, voices of chasing rising prices have emerged in the market. But here I need to remind you to be rational and avoid blindly chasing the market. Especially considering that the Asian session today has not substantially broken through 65,000, which may indicate that the market needs to further consolidate its pump foundation.
From the daily candlestick chart perspective, there has been some correction pressure accumulated during the current pump process, which is exactly why I chose to set up a short order at 64000 yesterday. There is a profit space of nearly 3000 points. The target position is 62200. My trading logic is clear: if the Asian market continues to rise and the European market can maintain this momentum, then the American market may have a good opportunity to get on board long; otherwise, if the Asian market experiences a pullback, we need to closely follow whether the European market can break through the Asian market high point and accompany it with a pullback as a signal to get in.
Last night, as I expected, there was a certain retracement in the coin price in the early morning. From a technical perspective, although the KDJ and MACD at the daily candlestick level are generally in a shrinking volume, the indicators are still oscillating slightly upward. The MA5 and MA10 moving averages in the main chart are still barely maintaining strength, but the MA30 continues to press downward, indicating the anxiety of long positions. I believe that those who read my analysis yesterday will also see reasons why we should not continue to hold long positions. Looking at the 4-hour chart, the overall KDJ and MACD indicators are oscillating sideways and downward, with the coin price closely following the lower BOLL and a significant opening of the lower BOLL. Therefore, my analysis and thoughts for today's short-term outlook remain largely unchanged.
So let's take another look. Is there any reason to go long now? These are the prerequisites for me to go long. Given the possibility of a market correction in the current market trend, if the Asian market falls and the European market continues this trend, or if the Asian market falls and the European market enters a state of oscillation, the American market is likely to continue to fall. In this scenario, we should pay close attention to key levels such as 61500 and 60800. Until the above-mentioned conditions are met, we should remain cautious and not rush to get on board long. #BTC #ETH #比特币 Today's Operation Recommendation:
BTC Operation Idea: short-term 61500 Light Position long-60800 increase the position long Target near 63300 Ether operation train of thought: short-term 2580-2550, targeting around 2693
The above suggestions are for reference only. When actually operating, it is necessary to flexibly adjust the strategy based on the real-time market trends and individual risk tolerance.
Finally, it needs to be emphasized that the market is always full of variables and uncertainties. Therefore, in the trading process, we should maintain a high degree of vigilance and keen insight in order to flexibly respond to market changes and accurately capture every profit opportunity. At the same time, I also recommend that you follow my homepage to get more real-time analysis and trading strategy information, so as to better grasp market trends and investment opportunities. But please remember that risks and returns coexist, and you must take risks according to your own situation. Risk is borne by yourself.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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GateUser-1487b29f
· 2024-08-27 15:05
Keep BUIDL🧐Buy the Dip 🤑Don't FOMO/FUD 🙅Wen Lambo? 🏎️
8.27BTC fell back and oscillated in Accumulation, the latest strategy layout for BTCETH on Tuesday.
#DOGS上线后市值能否超过PEPE市值?
#九月降息预期下,BTC能否大涨?
I believe that every investor is striving to increase the possibility of wealth, and everyone knows that investment always comes with risk. Risk is the cost you bear when you don't know what you are doing, while the market rewards experienced individuals with more profits. People often say that in the Virtual Money market, discipline and mindset control are more important than anything else. However, I must point out that all of this is premised on the fact that you must have a well-tested and market-tested analytical mindset, otherwise there is a risk of empty talk.
I think some people must be worried about something now: 'Why do I buy fall and then it rises, and when I buy rise, it falls?' Let me ask you the opposite: Did you buy based on your mood or take a chance? The moon waxes and wanes, and the market flourishes and declines. The reason behind this is actually fluctuation and cycles. Professional competence determines the starting point, and thinking determines the speed of progress. My team and I study market trends carefully every day, searching for and exploring market trends, predicting future trends through candlestick patterns, moving average systems, and technical indicators. Here, I hope to provide assistance to investors in the field where I am most proficient. If you encounter difficulties in investment, you can communicate your problems with me and provide the most reasonable solution.
In the article on August 24, I analyzed and explained the speech of Fed Chairman Powell at the global Central Bank annual meeting in my Depth, revealing explicit support for the interest rate cut policy in September. Following that, the BTC market presented a magnificent picture last Friday: during the Asian session, the price steadily rose; followed by the European session, the upward trend continued; until the eve of the American session, the market experienced a brief pullback, which seemed like a move to lure short sellers, but in fact, it was a buildup for subsequent breakthrough. Subsequently, BTC broke through the key level of 62000 in one go, briefly retraced to 61000, accelerated upwards, and finally successfully stabilized above the important psychological barrier of 65000.
Looking back at the complete trading day last Friday, BTC showed a slow rise and fast pump trend, especially during the American session. Its accelerating momentum not only regained some of the lost ground in Thursday morning, but also stimulated strong bullish sentiment in the market. However, with the breakthrough of the 65,000 level and the dust settling on the expectation of the Fed's interest rate cut, voices of chasing rising prices have emerged in the market. But here I need to remind you to be rational and avoid blindly chasing the market. Especially considering that the Asian session today has not substantially broken through 65,000, which may indicate that the market needs to further consolidate its pump foundation.
From the daily candlestick chart perspective, there has been some correction pressure accumulated during the current pump process, which is exactly why I chose to set up a short order at 64000 yesterday. There is a profit space of nearly 3000 points. The target position is 62200. My trading logic is clear: if the Asian market continues to rise and the European market can maintain this momentum, then the American market may have a good opportunity to get on board long; otherwise, if the Asian market experiences a pullback, we need to closely follow whether the European market can break through the Asian market high point and accompany it with a pullback as a signal to get in.
Last night, as I expected, there was a certain retracement in the coin price in the early morning. From a technical perspective, although the KDJ and MACD at the daily candlestick level are generally in a shrinking volume, the indicators are still oscillating slightly upward. The MA5 and MA10 moving averages in the main chart are still barely maintaining strength, but the MA30 continues to press downward, indicating the anxiety of long positions. I believe that those who read my analysis yesterday will also see reasons why we should not continue to hold long positions. Looking at the 4-hour chart, the overall KDJ and MACD indicators are oscillating sideways and downward, with the coin price closely following the lower BOLL and a significant opening of the lower BOLL. Therefore, my analysis and thoughts for today's short-term outlook remain largely unchanged.
So let's take another look. Is there any reason to go long now? These are the prerequisites for me to go long. Given the possibility of a market correction in the current market trend, if the Asian market falls and the European market continues this trend, or if the Asian market falls and the European market enters a state of oscillation, the American market is likely to continue to fall. In this scenario, we should pay close attention to key levels such as 61500 and 60800. Until the above-mentioned conditions are met, we should remain cautious and not rush to get on board long.
#BTC #ETH #比特币
Today's Operation Recommendation:
BTC Operation Idea: short-term 61500 Light Position long-60800 increase the position long Target near 63300
Ether operation train of thought: short-term 2580-2550, targeting around 2693
The above suggestions are for reference only. When actually operating, it is necessary to flexibly adjust the strategy based on the real-time market trends and individual risk tolerance.
Finally, it needs to be emphasized that the market is always full of variables and uncertainties. Therefore, in the trading process, we should maintain a high degree of vigilance and keen insight in order to flexibly respond to market changes and accurately capture every profit opportunity. At the same time, I also recommend that you follow my homepage to get more real-time analysis and trading strategy information, so as to better grasp market trends and investment opportunities. But please remember that risks and returns coexist, and you must take risks according to your own situation. Risk is borne by yourself.