The currency circle has happened early🥇🥇🥇2024-8-1
Analysis of the trend of big cake and second cake, the code of wealth, the ambush points of long and short...
BTC 4-hour K-line trend:
Pressure level: 65514~66456~67148 range
Support level: 63476~64429 range
ETH 4-hour K-line trend:
Pressure level: 3306~3385 range
Support level: 3121~3193 range
Bitcoin 4-hour K-line cycle shrinks and falls, M The ACD indicator fast and slow lines fell below 0 and entered the short side area;
BTC 12-hour cycle, daily cycle, weekly cycle MACD all showed rootless water pattern, weekly cycle MACD air leaking pattern, it is expected that the price will continue to pull back in the later period (multi-cycle resonance downward trend); short-term operation strategy: when the price rebounds to the chip concentration area (pressure level), you can short with a light position to make a profit (1 to 2 times the bottom leverage);
Investment is risky, enter the market with caution, the above analysis is for reference only! You can also make some layouts of altcoins based on the linkage effect of Bitcoin!