August 19th: Yesterday's Summary and This Morning's Thoughts

I won't go into too much detail here about yesterday's aviation market. Let me briefly explain the market situation. The three pips of the big cake gained a total of 3,400 pips, and the two pips of the concubine gained 189 pips. I won't dwell on the smaller details; just keep up and make the most of it.

This fluctuating trend is a lesson in self-cultivation bestowed upon us by the market. The middle Bollinger Band can suppress price rebounds, but it can't suppress your insight into patterns. Shrinking trading volume betrays not despair, but rather the need to wait for the truth, which is more precious than reckless action. Those moments when you want to buy the dip but hold back are signs of greed fading; the heartache of stopping the bamboo shoots is the loosening of obsession. Just as falling leaves aren't the end, but rather the foreshadowing of spring, in the chill of this moment, the patience you've cultivated and the understanding you've honed will eventually transform into the confidence to persevere in a certain trend.

On the 4-hour Bitcoin chart, the middle Bollinger Band continues to decline, exerting strong pressure. While the price has rebounded near the middle band, it has encountered resistance and retreated, failing to sustain a breakout. The rebound candlestick body is narrow, and trading volume has significantly shrunk, presenting a "weak rebound + volume-price divergence" pattern. The previous large bearish candlestick breakout saw a surge in trading volume, but subsequent bottom-fishing momentum has been lacking, further strengthening the dominance of the "knot" pattern. The price is currently fluctuating around 116,300. If it fails to quickly reclaim the middle Bollinger Band, the previous low support level will be re-tested. If it breaks, the lower Bollinger Band and the range below it could become new downside targets. If the technical weakness persists, the risk of a continued "knot" trend is significant. Be prepared to stop losses!

Recommendations:

Dabing can be bought around 116,800, with a target around 114,000.

Yitai can be bought around 4,380, with a target around 4,160. $BTC #加密市场回调 $ETH