Bitcoin and Ethereum Trading Suggestions and Direction Sharing on August 1, #比特币 #以太坊 #比特币超话 8
The best time to do something was ten years ago, and the second best time is now. Trends require action; hesitation can lead to missed opportunities. Don't let tactical diligence cover up strategic laziness. If the direction is wrong, it’s futile to run fast. Yesterday's market lived up to expectations, with a strong recovery after the airdrop; Bitcoin started to decline after peaking at 118900 yesterday, currently falling to a low of around 114200 before stabilizing. I clearly suggested the approach to seize the high point yesterday afternoon, and it has all been realized as expected. Yesterday, Bitcoin was suggested to enter long near 118500, and exit near 117900 in the evening, earning a space of 600 points. Ethereum was suggested to enter around 3864, and exit at 3769 in the evening, also earning more than 90 points. The market is not without opportunities, and the capability is not insufficient; the key lies in choosing the wrong track and following the wrong trend. When a directional deviation is discovered, it is wise to cut losses and turn around in time. If you can't break through the bottleneck or seize the opportunity by fighting alone, it’s better to actively seek cooperation for change. Starting from this moment,
The current market shows that Bitcoin has plummeted like a waterfall in the early morning, currently falling from the high point of 118500 to around 114200, a drop of 4300 points. It has started to retrace around 115800, with the Bollinger Bands beginning to expand. The market is currently running above the lower Bollinger Band, and the bullish market is surging like spring tides, with market confidence gradually recovering. From the macroeconomic data warming up to the improvement in industry prosperity, as market risk appetite gradually recovers, bullish forces are expected to accumulate momentum in the fluctuations to push the market further. Investors can maintain a positive yet rational attitude, seize structural opportunities, and wait patiently for the blooms. The afternoon operating suggestion is to enter mainly at low points,
Bitcoin can be bought near 115500 to 115000, with attention to 118000.
Ethereum can be bought near 3700 to 3680, with attention to 3780.