📢August 4th Market Analysis is here!📢
📈【U.S. Stocks】
The market was closed yesterday, and tonight's trend is crucial! If no reversal candlestick appears, the rebound market will continue.
🪙【$BTC 】
The market rebounded on Sunday, showing signs of stabilization! The resonance with U.S. stocks tonight is worth paying attention to; this is just a rebound, not a reversal. There might be a pullback at the 4-hour level, with opportunities for long positions around 113000 and 112000. After a second dip, it may reverse, but for now, we’ll operate based on the rebound.
💎【$ETH 】
It has already weakened yesterday, focusing on adjustments. The M head has broken the support at 3506, evolving from the 4-hour level to the daily level M confirmation. The core support level is around 3276, where you can place orders to enter long positions. The view of shorting around 3550-3600 points remains unchanged.
🔑【BTC Key Level】
Upper pressure is at 115334, and the original support has turned into a pressure level, which is still valid. Small support below is at 111920; when speculating on long positions, do not take heavy positions, and maintain your short positions.
⚠️【Note】
Control your position size, speculate with small long positions, and avoid letting small losses turn into big losses. Remember to stop losses in time!