2024.8.27 Today's market analysis: ##btc ##eth
Yesterday's market fell back normally, but many people may not like the pattern. The long upper shadow cross star and the large real body Yin line, isn't this a complete bearish? The pattern is bearish, but the trend is a bullish trend. This can only be regarded as a callback. Next, we still consider finding a position to take more.
On the 1-hour chart, we can see that the market has a gap with a rising big Yang line before filling it. If there is a stop-loss action here, you can consider long orders. Below is the support of the trend line. If it holds, you can continue to consider long orders.
ETH can see that the gap has been filled. Here we have come to the key support position. If it holds, you can consider long orders. Below, you need to consider the support strength near 2640.
At present, the market has entered a callback action. It is reasonable to wait for stabilization to intervene in long orders. Today's volatility may not be particularly large. Tomorrow, the volatility is expected to increase, and the short-term small direction will also come out.