Life is a journey of ups and downs. Sometimes we stand at the top of the mountain, overlooking the vastness of the world; at other times, we fall into the valley, experiencing the depth of life. But no matter where we are, each rise and fall is a precious gift bestowed upon us by life.


Without further ado, Old Wang's morning analysis showed a significant divergence. Fortunately, the students at Shiban acted promptly and entered the market, which helped preserve the principal. Now, let me reanalyze the thought process for everyone.

The price of BTC fell by around 2500 points in the morning, while ETH decreased by about 200 points. ETH just suddenly broke below 4300, then rebounded. From a 4-hour perspective, BTC has already fallen below the lower Bollinger band and entered an oversold state. On the technical front, this wave of the market is still strongly continuing, and although there is a slight decrease in volume in the short term, it is basically consolidating instead of rebounding effectively. We just need to find the right opportunity to continue to invest. The downward trend of the Bollinger band for ETH on the 4-hour chart is evident, and a stronger downward movement is still continuing in the short term. It has now completely fallen below the 4300 mark to around 4290. As Lao Wang said, our target is first to look around 4260. Currently, the overall trend is strong, whether for BTC or ETH. Lao Wang suggests that in the short term, we should directly invest after seeing a rebound to the peak.

Operation Suggestions:
Bitcoin 115500-116000 range, look at 113000
Ethereum 4330-4370 range, looking at 4250 #BTC ETF持仓破1530亿美元# #美联储终止新型活动监管# #Bit Digital成功转型# #Gate Alpha巅峰交易赛# #中国资本涌向印尼#
XRP0.03%
SOL-2.19%
GT-0.42%
BTC-2.53%
ETH-1.35%
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Starchei_Capitalvip
· 08-18 04:40
Profit and Loss are lessons in this market.
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