August 1st: Bitcoin monthly line closes, beware of highs and falls! Latest trend analysis and operation suggestions

$BTC $ETH $BNB BTC/Daily chart

Originally, this article was planned to be published later. Since 64500 just reached the short-term bullish point in yesterday's analysis, in order to give fans a better reference experience and avoid placing orders without a clue, this is why I continue to insist.

Bitcoin daily level: Yesterday, the K-line continued to close negative, and the price rebounded to around 66,800 and fell under pressure. The current lowest level is around 64,500. Combined with the 15M level, it can be clearly seen that the price needs to be corrected in the short term. As explained in the article yesterday, there are many lows near 64,000, and small-level increases are expected. However, as the bears continue to suppress, the resistance level also moves down. Today, the upper resistance is around 67,000. It is conservative to continue around 67,000 and continue to be bearish. The lower support of 63,300 is the last line of defense. Once it breaks, it will accelerate the decline. Therefore, it is not in a hurry to judge that it has reached a low. If there is a correction, it may be similar to the trend at the end of May. Treat it as a correction of the truth of the high-level box resistance to decline, and exchange time for space.

BTC/4h chart

Bitcoin 4h level: It can be clearly seen from the chart that yesterday's range oscillated between 66500 and 65500, fluctuating up and down by 1,000 points, which is also the chip gathering area. After a short adjustment, the upward momentum was insufficient and the pressure was accelerated to fall around 66800. It can be used as a reference for today's resistance. Currently, it is running at 64500. The attached chart indicator basically consumes the short position. Various signs indicate that the currency price may have a short-term rise and adjustment. In addition, the key support is around 63500. It is also a bullish point when it is touched. The resistance is 67000.

Strategy 1: Short-term 64500~64000 batches/light position long, stop loss 63500, target around 655000

Strategy 2: It is recommended to short 65500~66000 batches/light position, 66500 to cover the position, stop loss 67000, target 64000~63300 to hold after breaking

The above is personal advice, for reference only, investment is risky, trading should be cautious

Posting is delayed, the market changes rapidly·The points mentioned in the article are not based on copying·To learn more about the market and solve the order∫The real-time strategy of empty cutting shall prevail