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At the beginning of August, the market continued to be depressed. How to break the situation and seize the big market, we must analyze the overall market trend from the monthly trend:
Looking at the market trend from April to August, we can see that the current market has continued to consolidate and fluctuate. For the market, it has not opened up the pattern, but blindly rolled in, causing most retail investors to lose confidence in the market. There are even considerations of giving up. If such an idea appears, congratulations again, Brother Hao. This is what the main force wants to see the most. Only the retail investors in the market lose confidence in the market, or there is still a glimmer of hope, the main force (CM) will show no mercy The continued suppression will pass the test, shake the position, and even the ultimate way to shake the position, forcing the public traders to completely give up the only bargaining chips in their hands. At this time, the CM will really intervene and pull the market. The current trend, CM has not yet participated. As retail investors, we should pay attention to the movement between trading volume and price, and how to arrange it in consideration?
Monthly trend analysis, the current pressure of Bitcoin is at the 32,000 line, and the monthly line has a chance to hit the 32,000 line. If the market hits the 32,000 line and does not effectively break the situation, the follow-up 32,000 line will start a new round of short trend, which is also CM will test again The last game of top pressure can show expectations, and the market will enter a bull market ahead of schedule during the year, otherwise the market will fall again, and the depth of the fall far exceeds everyone's expectations, and even fall back to the monthly low.
Ethereum has a similar K-line pattern to Bitcoin, but the short-term pressure of Ethereum at 1940 will become an important threshold for long and short next month. From April to August, it hit the pressure level many times and returned without success. 1940 became the ether At the same time, the basis for judging whether Ethereum can resume the bull market is also based on this position. The monthly line has a strong breakout, easily crushing the pressure level of 1940. Ethereum can be said to have truly opened the bull market, otherwise 1940 will become a bull market. The commanding heights of the bears! #bitcoin# #Gateio10anniversary# #Ethereum#