【Today's Market Analysis-BTC-8.19】
1. Daily line: It has entered a continuous oscillating market for many days. In the overall range of 56~60, you can ambush at the bottom with spot, or go long at the bottom with low leverage. If it goes sideways until no one plays anymore, it is the beginning of a burst.
2. 4H: There are large short positions between 58~61, and you can go short with low leverage. There is a long position near 556, but the current liquidity will be exhausted at 57, and it will not reach 55 for the time being. However, the script is that as more and more people start to go long and enter the market, and there is more liquidity near 556, it will hit 556, but it will not affect the arrival of the overall bull market next time.
3. 15min: Between 574~58 is the position of this level, and the price has a high probability of coming to 58 and consolidating. During the consolidation process, if enough liquidity can be accumulated below, the price will continue to go down.
Summary: The darkest moment, when most people think the bull is dead and leave the circle. Then the bull comes, hold on!
