8.4 Monday Daily Summary
Looking back at the intraday market, the white metal basically spent the day in a state of fluctuation, oscillating in a narrow range, until the U.S. stock market opened high, after which the market began to rise gradually, and the price successfully broke through 115000. Although the market is rising, our short positions have also been consistently reminded, and it’s beneficial to exit when appropriate; we successfully secured two trades, with Bitcoin gaining 800 points and Ethereum 50 points.
For the early morning, I personally suggest focusing on short positions, as the overall market has not shown strong signs of a rebound. The intraday also provided a certain increase, and there are multiple upper shadow lines in the 4-hour chart, indicating clear resistance to upward movements on a smaller scale. In the early morning, pay close attention to the pressure at 115800-116000; if it does not break and touches this area, consider shorting, targeting 114000-113000.
Although the intraday performance was not great, we overall did not incur losses; not losing is a gain, and we will continue to work hard tomorrow.