From a technical perspective, the death cross pattern is clear, and the strength of the empty head has completely taken control of the market. The big coin encountered resistance and fell back after reaching the high point of 117800, with significantly insufficient upward momentum, and the bulls are clearly fatigued. This clearly reflects the lack of upward momentum for the bulls. The MACD indicator line has shown signs of turning downward, and the subsequent market is very likely to accelerate downward.
The big coin is around 117500 empty, looking at 114500$BTC $ETH $SOL
Still continuing to look down, during the day there is a high probability of fluctuations being repaired, focus on the news in the evening $BTC $ETH $SOL
Hourly level trend chart display. It shows that the upward momentum in the short term is starting to slow down. Previously, there was a continuous surge, constantly under pressure, and the intensity is gradually slowing down. This not only makes the upward path increasingly difficult, but also increases the fluctuation base for both bulls and bears, with a noticeable increase in the retracement space. It indicates that the short-term market may shift from a unilateral rise to a high-level oscillation correction. At the same time, continuous corrections.
Big coin 1️⃣1️⃣6️⃣8️⃣0️⃣0️⃣🈳, looking at 1️⃣1️⃣5️⃣0️⃣0️⃣0️⃣$BTC $ETH $SOL
From the 1-hour K-line structure of Bitcoin, it has begun to pull back after touching the upper Bollinger band. The MACD three lines have crossed downward, and the bullish momentum continues to weaken, indicating a clear overall pullback trend.
Around Bitcoin 1️⃣1️⃣6️⃣8️⃣0️⃣0️⃣ 🈳, looking at 1️⃣1️⃣4️⃣0️⃣0️⃣0️⃣$BTC $ETH $SOL
From a short-term perspective, the momentum of the small-scale rebound is gradually weakening, and the big coin has not been able to break through. After reaching above the middle track of the Bollinger Bands, it has already started to lose strength, and currently, the bears have a stronger willingness to push downward. The technical aspects have shown signals of a pullback correction. If a rebound occurs during the day, a strategy of shorting on highs can be continued.
Big coin 1️⃣1️⃣5️⃣5️⃣5️⃣0️⃣🈳, look at 1️⃣1️⃣3️⃣0️⃣0️⃣0️⃣$BTC $ETH $SOL
On the technical level, the four-hour K-line chart shows a contraction in the running channel. The Bitcoin price encounters resistance and presents a high plateau, with the candlestick body releasing. The upper space is blocked, and the moving averages are declining, indicating an overall downward fluctuation. Currently, it is operating below the middle track position, and a short-term downward trend is expected to continue. The candlestick is pushing, and there is selling pressure on Bitcoin, making it difficult for a strong rally. Market sentiment is fluctuating. Therefore, the focus should be around the high plateau approach.
Bitcoin near 1️⃣1️⃣5️⃣6️⃣0️⃣0️⃣🈳, looking at 1️⃣1️⃣3️⃣0️⃣0️⃣0️⃣$BTC $ETH $SOL
From the current market trend, affected by the weekend market's weak influence, the 4-hour level candlestick chart shows a clear sideways consolidation pattern. The volatility of Bitcoin has significantly narrowed, and the Bollinger Bands are gradually closing in. This morning's plan is to layout at a high position.
Bitcoin 1️⃣1️⃣6️⃣0️⃣0️⃣0️⃣, looking at 1️⃣1️⃣3️⃣5️⃣0️⃣0️⃣$BTC $ETH $SOL
Happy weekend! From the hourly chart, it is not advisable to chase the rise excessively in the short term. The weekend market fluctuations are limited, and intraday trading should focus on pullbacks.
Bitcoin 1️⃣1️⃣6️⃣0️⃣0️⃣0️⃣🈳, looking at 1️⃣1️⃣4️⃣5️⃣0️⃣0️⃣$BTC $ETH $SOL
4-hour K-line rises along the upper track, lacking penetration in the upward direction, and bulls are temporarily showing stagnation. From the hourly trend perspective, Bitcoin presents a high pullback trend, leaving a significant upper shadow on the K-line, indicating strong resistance above, and the continuity of the rebound has not improved. Although there are upward signals, they are all presented in a virtual form, lacking strength. Therefore, it is recommended to adopt a high 🈳 strategy in the morning.
Bitcoin near 1️⃣1️⃣6️⃣2️⃣0️⃣0️⃣ 🈳, looking at 1️⃣1️⃣3️⃣0️⃣0️⃣0️⃣ $BTC $ETH $SOL
The US August CPI is coming! Is inflation exceeding expectations? The crypto world may be迎来暴风雨前的最后宁静!
The most significant news today is undoubtedly the US August CPI data to be released tonight at 20:30. This will directly determine the direction of the Federal Reserve's policy, especially in the crypto world, with an impact comparable to a nuclear bomb $BTC $ETH $SOL .
From the daily chart perspective, the recent market has shown a fluctuating upward pattern. Although there are ups and downs, the direction is clear. The big coin has been repeatedly fluctuating near the middle line of the daily Bollinger Bands. Although it once dipped below the middle line during the day, it was strongly pulled back. This false breakout pattern has been well matched with volume and price recently, and the moving average system of all cycles has shown a bullish arrangement. It is expected that any pullback will be temporary, and the overall market will still maintain a strong fluctuating trend.
Big coin near 112800, looking up to 115000$BTC $ETH $SOL