Analysis of the latest BTC market on August 21: Emergency notice, black clouds are pressing down on the city, everyone is drunk but I am sober. Once the red cloud appears and is confirmed to expand, there will be no adjustment and decline. No matter how many rebounds there are, it is futile. It just gives the bulls a chance to escape.
Yesterday, the intraday bulls of the big cake made trouble again. We regret to stop loss and leave the market, but after yesterday's inducement, it fell below 58,000 again at night. The direction is right, but the process is difficult. In this extreme situation, the weekly line is so weak, but the short-term can rebound to nearly 61,400. This is indeed not a normal phenomenon.
From the perspective of the daily line, the current KDJ dead cross turns down again, MACD has a signal of long shrinkage, and the overall BOLL continues to press down. The change is not big; the main chart MA5 and MA10 are glued down, and the high point MA30 continues to fall and weaken. So overall, the current daily line is undoubtedly a large short market structure. The short-term trading idea is still recommended to rebound and short.
The current trend of the 12-hour level is basically the same as that of the daily line. The long-term indicators of the amplitude chart are shrinking in coordination. The three-day MA of the main chart is glued down. At the same time, the current coin price has fallen below the MA30-day moving average again. So we will continue to see a volatile decline today. Considering that the coin price has been in the 61000-57000 area for box-shaped oscillation adjustment in the recent period, the short-term coin price will only increase the volume if it effectively falls below 57000.
BTC operation suggestion: Rebound to 60300-60500 to take the short position, the target is 59000-58000, break 57000, focus on reversing the position, and unwinding at high positions. Follow-up consultation: btc3096, strategy is open to the whole network.
Although I can't give you a very precise point, I can give you a certain sense of direction. If you take the initiative, we will have a story. If the recent operation is not ideal and you can't find the direction, you may wish to follow me if you want to understand the currency circle and learn some technical knowledge. #杰克逊霍尔年会 #美联储何时降息? #新币挖矿TON #美国CPI数据连续第4个月回落 #美国7月PPI低于预期 $BTC $ETH $BNB