Just as we have tasted the sweetness, it suddenly falls back and takes away part of the gains! The bulls are salivating at the illusion of a 'breakthrough at hand', while the bears are wary of the trap of 'false support'. The volume in the suburbs fluctuates like a drumbeat, turning 'greed' and 'fear' into mush. Remember, the most ruthless tactic of the Bollinger Bands is to first compress the spring to its limit, and then at the moment you choose a direction, either launch your hesitation or shatter your expectations... Now, do you think this spring will burst upwards or collapse downwards?
On the one-hour chart of Bitcoin, the candlestick has rebounded after touching the lower Bollinger Band, and the current price is firmly above the middle Bollinger Band, which shows signs of turning upwards. The price even briefly challenged the upper band, indicating that the bulls' strength is accumulating. The short-term support is effective, and if it can continue to rely on the middle band to push upwards and break through the upper band resistance, it may open up further upward space, with a technical bias showing bullish signals. Set your stop-loss and keep fighting!
Suggestions: Buy Bitcoin around 119500, target around 121000, Buy Ethereum around 4560, target around 4660 $BTC #BTC重返12万 $ETH
#8.13 Summary of Yesterday and Suggestions for Early Today
Yesterday, Bitcoin and Ethereum were mainly in a state of oscillation, experiencing a game of tug-of-war, until the evening when the news settled and the market gradually emerged. Yesterday, Bitcoin mainly stayed around a range of approximately 3000, while Ethereum gained nearly 400 in space. The short-term strategy in the evening was also relatively aligned, making it quite favorable for actual transactions.
Many friends truly watched the market pass right by them; for instance, during that sudden surge earlier, some people had already captured quite a few points, while you were still fixated on the candlestick chart, agonizing over whether this was a false signal, missing this opportunity and uncertain when the next good chance might come. Therefore, the fluctuations of the market never wait for the hesitant.
From a technical analysis perspective on Bitcoin's 4-hour chart, the price has been oscillating around the middle band of the Bollinger Bands. The short-term support is effective, indicating strong buying pressure, and has also integrated short-term candlestick stabilization signals. Previously, the price surged to 122450, showing bullish momentum; during the pullback phase, the volume has contracted, reflecting a gradual release of selling pressure. Looking at the Bollinger Bands, they have temporarily narrowed, which is actually a sign of accumulation; if the volume increases subsequently, the price is expected to break above the previous high of 122450, continuing the upward trend. Currently, the structure is intact, and the short-term adjustment is more inclined toward continuation and consolidation, with upward expectations still in play. Set stop losses to prevent significant pullbacks later.
Suggestions: Bitcoin around 118800, aiming for 121000, Ethereum around 4420, aiming for approximately 4560 near $BTC #ETH突破4400 $ETH
大饼1小时技术面分析,比价此前沿布林带中轨下方震荡回落,触及布林带下轨后,迅速收出反弹阳线,既验证下轨支撑的有效性,也体现哆头反击的果断性,当前布林带虽仍维持 “上轨下压、中轨走弱” 的偏箜结构,但反弹 K 线已突破短期均线压制,且向布林带中轨逐步靠拢,而消息面的落地也是利多,若后续 K 线持续依托下轨向上拓展,带动布林带由“缩口” 转向 “走平甚至开口上翘”,则中轨将从压力位转化为哆头进攻的 “跳板”,配合 K 线的连续性反弹,短期有望打开向布林带上轨冲刺的空间,技术面偏哆势能将持续释放。目前可能仍伴随小幅回撤,做好止笋。
Today, Uncle Zhang mentioned during the live broadcast that before the news comes out at 20:30, we should still primarily focus on a low bullish strategy. If the news is bullish, Auntie directly looks at 4400. At that time, in the afternoon strategy, Auntie provided the target level around 4350. When the news was released, she led the early entrants to exit at 4400, once again gaining over 140 points. Meanwhile, Bitcoin stabilized a bit, first gaining over 800 points, and then further actions would be based on actual conditions. $BTC #BTC重返12万 $ETH
At 8:30 PM tonight (Beijing time), the U.S. Department of Labor will release the Consumer Price Index (CPI) for July. The market expects a year-on-year increase of 2.8% in July CPI, a slight rebound from 2.7% in June, with a month-on-month increase of 0.2%; Core CPI (excluding food and energy) is expected to remain steady at 3.0% year-on-year, with a month-on-month rise of 0.3%. The data will reflect the impact of tariff policies on the prices of imported goods, fluctuations in energy prices, and housing cost pressures. If it is higher than expected, it may strengthen the market's expectation for a Federal Reserve interest rate hike; conversely, it may alleviate concerns about tightening policies. $BTC #CPI数据来袭 $ETH
In the morning, Auntie first secured over 100 spaces, and there were fluctuations, continuing the sprint. When you get on this roller coaster, no one can sit straight in the elevator all the way. When it falls, don’t cling to the door and shout 'Why is it going down?', and when it rises, don’t rush to the front and ask 'When will it reach the top?'. These moments of panic actually take others' speed as your own direction. Remember, fluctuations are normal; the key is to hold onto the handrail and see clearly where you want to go.
In the 1-hour chart of Bitcoin, the lower band of the Bollinger Bands has quietly turned upward, constructing a more solid short-term support area. The current price of Bitcoin is closely attached to the lower band, oscillating repeatedly, and the amplitude of the K-line fluctuations continues to narrow, showing a 'not falling' stabilization characteristic. At the same time, during the pullback process, trading volume has continuously shrunk to a stage low, reflecting that the bearish selling pressure is nearing exhaustion. Although the middle band of the Bollinger Bands still maintains a downward trend, the combination signal of strengthened support at the lower band and stabilized shrinking volume has outlined potential opportunities for a short-term rebound. If it can break through the current oscillation range with a rise in volume, Bitcoin is expected to rely on the support power of the lower band to launch a counterattack toward the middle band. Attention can be paid to low absorption gaming opportunities near the lower band, betting on this technical repair rebound. Of course, setting a short-term stop loss is also essential.
Short-term suggestions: Bitcoin can be played around 118500, targeting near 120000, Auntie can be played around 4250, targeting near 4350 $BTC #BTC重返12万 $ETH
$BTC has currently reached the target range ahead of Auntie, which also confirms the strategy provided earlier in the morning, directly leading the teammates to secure over 100 points from Auntie in the morning. $ETH
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
August 12th: Yesterday's Summary and Early Morning Trading Suggestions
Let me briefly discuss yesterday's unlucky situation. I won't dwell on the smaller points. Big Pie's three-dot-one-dip unlucky situation resulted in a total gain of over 9,600 points. Concubine's three-dot-one-dip unlucky situation also resulted in a total gain of 475 points. He didn't follow suit when he should have, and no amount of reminders would have been enough. He truly envied others' fate. Uncle Zhang can only feel pity.
The key to success in the trading world is maintaining an unnatural composure amidst volatility, not being carried away by greed during a rally or carried away by fear during a decline. Those who rush to act often miss out on big opportunities. Those who can remain patient and wait are more likely to seize the gifts presented to them.
A 4-hour technical analysis of Bitcoin shows that the middle Bollinger Band continues its steep upward trend, forming a medium-term bullish channel and providing strong support for the price. When the price hit the previous high of 122,450 and encountered resistance, the candlestick body gradually narrowed and the strength of the bearish candlestick weakened. After dropping to the key level near 119,500, it quickly stabilized, demonstrating the resilience of the bullish trend. The surge in volume during the upward phase released offensive momentum, while the volume during the pullback period plummeted to a low, reflecting the exhaustion of selling pressure. Meanwhile, the short-term moving average maintains an upward slope, forming a "double support resonance" with the middle Bollinger Band, further strengthening the bullish trend. If the middle Bollinger Band support holds, there is a high probability that a subsequent rebound will rely on this support, re-challenging the previous high or even breaking through to open up new upside potential. The technical bullish trend continues to strengthen. Reminder, set a stop loss!
Suggestion: Big Pancake is trading around 119200, target around 122000 Yin Tai is trading around 4250, target around 4400 $BTC #ETH突破4300 $ETH
Your mindset should not be swayed by the candlesticks. When prices fall, don't rush to ask "Why me?" and when they rise, don't panic thinking "Should I run away?" These thoughts essentially treat the fluctuations of the market as a judge, and you become a candidate waiting for a score. Those who can truly remain steady have their own decisions and thoughts; it might be a firm belief in technicals, an understanding of cycles, or simply a calmness that can "endure". Standing firm in strong winds is not because one can predict the direction, but because one knows they have a solid foundation beneath their feet, while the companions proceed steadily. Short-term pullbacks align with a bullish mindset.
In the 1-hour chart of Bitcoin, the short-term Bollinger Band's middle line continues to extend upwards, indicating a bullish trend. After an earlier high and subsequent pullback, the candlesticks gradually converge near the middle line of the Bollinger Band, with multiple dips into the middle line forming lower shadows, showcasing the previous support's effectiveness. Currently, although there is short-term oscillation and correction, the upward slope of the middle line of the Bollinger Band has not changed, and the bullish structure remains intact. Therefore, the overall trend remains bullish. If a slight pullback occurs, don't panic; if you're uncertain, feel free to reach out to me for real-time updates, and setting a proper stop-loss is the most important thing every time.
Suggestions: Bitcoin: Around 119,500 bullish, target around 121,500, Ethereum: Around 4,240 bullish, target around 4,350 $BTC #比特币 $ETH