Analysis of the long and short positions in the BTC/SOL/ETH contracts on August 12th: A comeback or a golden opportunity?
Bitcoin retreated after yesterday's surge, closing with a negative daily candlestick pattern. A negative closing would be a poor sign for today, but the day isn't over yet, so don't be overly pessimistic!
$BTC Bitcoin's 119,400 level is a resistance level today. If this level holds, support and resistance will likely reverse. Upward pressure is expected at 120,600 and 121,400. Support is expected at 117,400 and 116,500, where a rebound could be attempted.
$SOL The bulls are showing their strength again. Only if the 178.4 resistance level holds can support and resistance reverse, potentially leading to a rebound to the 181 and 184 resistance levels. Support is expected at 171 and 166.
$ETH E and Suozi have opposite personalities. Today's upper pressure is at 4346 and 4390, and there is also a daily resistance level at 4460. Short positions can be monitored here. Lower support is at 4255 and 4215.
Today's daily chart hasn't yet completed its journey. Whether it's a rebound or a golden opportunity, referring to the weekly chart, Section Chief believes there's no need to be overly afraid of a pullback. We'll just have to wait and see how the market performs. (We'll provide you with the latest market analysis and precise pinpoints daily. Long and short positions are for reference only. Strict stop-loss and take-profit strategies are recommended. Section Chief's exclusive invitation code for a 20% discount on handling fees is KEZHANG888) #CPI数据来袭 #BTC重返12万