8.25 BTC latest market analysis: Emergency notice, Bitcoin is rising strongly, and the monthly and weekly lines are closing in and, will it continue to rise or fall back under pressure?

In terms of daily lines, the current KDJ and MACD are rising in resonance. Although the short-term coin price has risen above the middle track in BOLL, the entire track is still inclined to fluctuate downward; MA5 and MA10 cross-rise in the main chart, but the high point MA30 still maintains a downward pressure trend, which also shows that there is still strong pressure on the high point in the trend. The key to the short-term coin price still depends on whether the 65,000 area can be effectively broken through (only when the strong pressure area is effectively broken through can it be said that the weekly line will change, and the subsequent market will be a brainless retracement).

For the current daily and weekly trends, the short-term coin price will only have a bullish outbreak if it effectively breaks through 65,000 and stands above it. The second high point is to look up to the bull-bear dividing line of 66,000. On the contrary, if the 65,000 area cannot be effectively broken in the short term, everyone still needs to pay attention to the possibility of market disturbances.

BTC operation suggestions: Go long when it falls back to around 63,000-62,500, and the target is 64,000-65,000, and break 66,000. Focus on reversing positions and unwinding at high levels. Follow-up consultation WeChat: btc3049

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