8.12 Morning Thoughts and Suggestions

Although the overnight shipping situation mainly focused on a pullback, which differs from the strategy, we decisively advised our friends to exit the Dodge and switch to the Kongs immediately through practical analysis. Even if it’s not much, just a few hundred points, at least it remains in a profitable state. Recently, many friends have sought me out, and Uncle Zhang believes that soon you will be the person who turns a few thousand into tens of thousands or even higher. True stability means understanding that fluctuations are like the weather, with sunshine and rain, while your mindset should be like a roof eave: humble in sunshine and calm in rain, allowing time to slowly filter out the value that should remain.

On the one-hour level of Bitcoin, the short-term lower Bollinger Band has formed a strong support zone, and the current price is close to the lower band, indicating a technical rebound and repair demand. Although the middle Bollinger Band has turned slightly in the short term, the inertia of the previous upward trend's support still exists, and during the pullback, the volume has significantly shrunk, reflecting a gradual decrease in selling pressure. The low-level candlestick shows signs of stabilization; if the lower band support holds effectively, combined with the previous middle Bollinger Band's support, we can expect to rebound off the lower band and attempt to recover towards the middle band. In the short term, we can focus on buying opportunities near the lower band, playing the game of recovering the shipping situation. Overall, we still choose to trade Dodge; don't be afraid, set your stop-loss properly, and follow Uncle Zhang into battle again.

Suggestions:

Trade Bitcoin near 118200, with a target initially looking at around 120000,

Trade Ether near 4200, with a target initially looking at around 4300 $BTC #ETH突破4300 $ETH