8.28 Thursday Morning Thought Analysis
Last night, there were a total of two trades suggested across the network. The first trade gained over a thousand points, and the second trade gained over fifteen hundred points. Overall, the low long strategy is still quite good, and profits were substantial. Long-term long positions are still being held.
From the one-hour candlestick chart of Bitcoin, it can be seen that around four in the morning, Bitcoin plummeted over a thousand points in just one minute, but after approaching around 110900 points, it stopped falling and then began to rebound. Currently, the support below seems to be quite strong, and the sharp decline did not break through the support below. Therefore, the overall strategy for this morning remains unchanged: buy on the pullback.
Buy on the pullback, just do it.
Morning operation suggestions
Buy Bitcoin between 110500 and 111000, aiming for 112500. After breaking through, aim for 113500. If it doesn't break, you can go short.
