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August 31, 2024 - Today's market analysis It's 1:16 am on Friday night, in fact, it's Saturday in principle😄, please forgive me for not updating the moving average technical copy recently. There is an article "About Technical Analysis-Final Chapter" being written. I just looked at the market and made a simple analysis: Because the 1-hour level and 4-hour level are suppressed by the moving average, $BTC failed to break through successfully, and the positive news of the Fed's interest rate hike in September was digested in advance. At present, the entire market is in a short market. Pay attention to safety for long orders. The next support level is 54,000 US dollars. If it falls below 50,000 US dollars, you can consider bottoming out some positions. Spot $BTC Preview, there will be a live broadcast on Sunday night😯, and the official preview copy will be released on Saturday afternoon. Figure 1: 1-hour level Figure 2: 4-hour level Figure 3: Daily level #均线指标 #市场分析 #空头市场 #支撑位 #美联储何时降息? {future}(BTCUSDT)
August 31, 2024 - Today's market analysis

It's 1:16 am on Friday night, in fact, it's Saturday in principle😄, please forgive me for not updating the moving average technical copy recently. There is an article "About Technical Analysis-Final Chapter" being written. I just looked at the market and made a simple analysis:

Because the 1-hour level and 4-hour level are suppressed by the moving average, $BTC failed to break through successfully, and the positive news of the Fed's interest rate hike in September was digested in advance. At present, the entire market is in a short market. Pay attention to safety for long orders. The next support level is 54,000 US dollars. If it falls below 50,000 US dollars, you can consider bottoming out some positions. Spot $BTC

Preview, there will be a live broadcast on Sunday night😯, and the official preview copy will be released on Saturday afternoon.

Figure 1: 1-hour level
Figure 2: 4-hour level
Figure 3: Daily level

#均线指标 #市场分析 #空头市场 #支撑位 #美联储何时降息?
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How to make profits by analyzing market support and pressure!Hello brothers, recently many brothers have come to me and said that Brother Zhao, you have a very accurate view of the market, but they cannot understand many professional terms, or even misunderstand them, which leads to missing out on the market or making mistakes. Today I will sort out and explain it to you brothers in a simple way. Normal market conditions are composed of support and pressure levels. When the pressure level is reached, the price will fall back, and when the support level is reached, the price will rebound. This is why we see the distorted trend chart today. What is the pressure point? When a wave of market rises to a certain position, there will be a lot of selling orders above it, which will cause the market to be unable to rise and form a pressure, referred to as the pressure level. The pressure level is also like a level. There are the first pressure level, the second pressure level, and the third pressure level. Breaking through the first pressure level indicates strength, and the market will continue to rise. The higher it hits the second and third pressure levels, the weaker the strength will be, just like people always need to rest when running. The market will also fall back. These pressure levels are also the positions where we sell long orders or buy short orders. So brothers can combine the pressure levels given by the market I issued to place your long orders or short orders. You don’t know where to short? You don’t know where to sell long orders. Just look at the pressure given by my daily analysis.

How to make profits by analyzing market support and pressure!

Hello brothers, recently many brothers have come to me and said that Brother Zhao, you have a very accurate view of the market, but they cannot understand many professional terms, or even misunderstand them, which leads to missing out on the market or making mistakes. Today I will sort out and explain it to you brothers in a simple way.
Normal market conditions are composed of support and pressure levels. When the pressure level is reached, the price will fall back, and when the support level is reached, the price will rebound. This is why we see the distorted trend chart today.
What is the pressure point?
When a wave of market rises to a certain position, there will be a lot of selling orders above it, which will cause the market to be unable to rise and form a pressure, referred to as the pressure level. The pressure level is also like a level. There are the first pressure level, the second pressure level, and the third pressure level. Breaking through the first pressure level indicates strength, and the market will continue to rise. The higher it hits the second and third pressure levels, the weaker the strength will be, just like people always need to rest when running. The market will also fall back. These pressure levels are also the positions where we sell long orders or buy short orders. So brothers can combine the pressure levels given by the market I issued to place your long orders or short orders. You don’t know where to short? You don’t know where to sell long orders. Just look at the pressure given by my daily analysis.
zhongshengWL:
老大都是肺腑之言👍
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