‼️Good afternoon, everyone. August 7 market outlook and analysis of Kunpeng BTC:
Big Pie (BTC) touched 64,100 yesterday, made a pullback but failed to break the previous high and continued to decline. The current pullback level is the start of a 4-hour “down stroke” (一笔下). If it breaks below last night’s low of 64,111, it will form a continuation of that 4-hour down stroke. If it does not break and instead pulls back upward, then for now you can treat it as a 30-minute “stroke/segment” consolidation.
For the spot position, the left-side plan is based on the expectation of a daily “2-buy” (日线笔2买). After that level is completed, you will still need to reduce the position. I’ve emphasized this many times: this is a left-side entry—not a place for going all-in on the spot.
Also, if you’ve already filled your position too much, follow my short-term defensive approach and do position splitting (for example, if you’ve already entered more than 5 layers, with 2 layers having stop-losses).
As for what everyone wants to know—will there be another chance to break 57,000 in the future? We’ll still revert to our market classification method. If Big Pie doesn’t see a large bearish candle that breaks and flushes below 61,800, then this possibility is very low. Pay attention to the prerequisite conditions.
If you’ve been learning with Teacher Kunpeng, we only respond based on real-time changes in the current price action structure and its path!
▶️ Intraday market classification and practical execution:
Note: You cannot chase shorts here anymore! Also, be aware of tonight’s Non-Farm Payroll (Nonfarm) data release and the volatility it brings: if Nonfarm is strong and rate cuts are far away, BTC will be under pressure; if Nonfarm is weak and rate cuts are near, BTC is likely to be slightly bullish.
1. For the positions that you reduced around 65,000 a few days ago: after breaking 64,111, you can come back to buy/cover around 64,000. If you’ve already done the early cover, just hold. For new entries, you can scale in between 64,000–63,500 in batches. For defense, keep the stop-loss at 63,200 (determine your position size based on the loss you’re willing to take). The expectation is the 4-hour “2-buy”!
2. If it does not break 64,111 and instead pulls back directly: once this kind of structure is formed, you can simply hold the long positions you already have.
3. For operations at a larger timeframe, you need to come to the daily live session to learn.
Actual trade entry points are subject to the instructions from the internal group!
⭕️ There’s no such thing as predicting the market—trading is only about acting on each level you take in real time. Larger timeframes are just projections from smaller ones. So please don’t “map the old road” and trade without adapting. If you trade futures, you must follow the trading plan for each trade and the level you’re working at.