8.6 Tuesday Bitcoin and Ethereum market analysis and operational suggestions

During this wave of decline, many people were successfully taken away. This is the currency circle, one? Farmer's one-star cruel market, many people desperately slap themselves in the face, regretting that they can't control it, but everything is useless

From a technical structure perspective

The decline currently stopped at the upper 49,000 line and started to go online. Then the market gradually rebounded and corrected. It is currently adjusting and oscillating at the 54,500 line. Yesterday's drop means that the market rhythm has been broken in the short term. What needs to be focused on is the suppression of the 55500 line. Only when the rebound stabilizes will there be momentum to continue to rise!

From a small cycle level, the overnight rebound at 55500 has begun to come under pressure. The Bollinger Bands are gradually closing, but there is no breakthrough in the upper pressure. The trend is still relatively weak. The 55500 line is the Fibonacci 0.382 pressure level, which cannot be reached during the day. If it stabilizes, the market will continue to retreat.

Tuesday morning trading suggestions

Bitcoin’s rebound in the 55500 area continues🈳, look at 53000, defend 56488

Ethereum can do it simultaneously 🈳, rebound to 2515 and continue 🈳, look at 2400, and defend 2558

The current global financial market environment and black swan events have caused the market to be very unstable. You need to be careful and have good risk control awareness during operation! The above suggestions are for reference only! $BTC $ETH $BNB #加密市场急跌 #JumpTrading转移资产 #美国7月非农就业增长放缓 #BTC走势分析 #美联储何时降息？