8.22 Morning Thought Analysis

A pullback means buy, just go long and that's it.

Looking back at the price movement of Bitcoin last night, from the 1-hour candlestick chart, after rebounding to around 114800 points at noon yesterday, Bitcoin began to decline in a downtrend. In the early morning, it broke through the 112000 mark, but soon started to rebound, and is currently near the 112500 point.

Overall, a downward pullback action has been completed, and the support below is still quite strong, with 112000 also being strong support. At the moment, it seems that after the price has pulled back to the lower Bollinger Band, it started to rebound, and it has now moved above the lower Bollinger Band, with an upward trend.

From the price movements of the past few days, although the fluctuations during the day are not large, if the timing of entry is grasped well, the returns should be quite good.

Remember, a pullback means to go long, just do it. $BTC $ETH $XRP #BNB创新高 #杰克逊霍尔会议 #加密市场回调 #Strategy增持比特币 #ETH质押退出动态观察