#BTC Today's market analysis, and real-time order point
#实盘合约 Currently, the price of the currency has rebounded to 57500-2530. Yesterday, the Bitcoin ETF outflow was 148 million dollars, and the Ethereum ETF had a net inflow of 984 million dollars, of which Grayscale had an outflow of 40 million dollars. Compared with last week, the outflow rate has slowed down significantly, which is in line with my personal view of Grayscale's performance this week. Yesterday, Bitcoin spot outflowed significantly, and Ethereum spot inflowed slightly. Ethereum's capital situation has gradually improved. The subsequent net inflow of Ethereum will continue to rise, so Ethereum is expected to make up for the rise at any time.
Judging from the on-site data of Coinbase, there have been a large number of buy orders in the past two days. Compared with the long-short position ratio of OK BN, US funds are entering the market to buy the bottom. I believe that everyone knows who has the final say in this bull market. At present, the price of coins continues the trend of oversold rebound. Small coins are basically all green, and some even rise back to the starting point. I personally expect that funds will not change hands for the time being. The symbol is the last tremor of 4H volume, which is expected to be around 60,000. At present, the car is too heavy. The price of coins can only be lightened when the second adjustment confirms the shortage of market supply. The second exploration limit is expected to be 53,300-52,500.
As of now, the market has given more than 70% of the 50 basis points of interest rate cuts in September, which is a good expectation for China. The probability of 57,000 forming the starting point of the second exploration is already very low. At present, I am more optimistic that there will be a large number of turnovers around 60,000 after the small-level volume, thus forming a round of second exploration to confirm the bottom trend. Therefore, in terms of short-term contracts, it is a good choice to make a trend tail at the intraday small-level peak low point. The recommended point is 56,250, 55,500 to cover the position, and the stop loss is 300 points below, with a target of 58,200. In terms of contracts, stop loss should be brought to avoid the situation of second exploration at any time.
Short-term long positions on Bitcoin: August 7
Entry point: 56250
Redeem point: 55500
Stop loss point: 55000
Take profit point: 58200