‼️Good afternoon, everyone. Here’s a quick analysis of the market on August 12: Kunpeng BTC:
Yesterday, the big BTC ("the big pancake") saw a five-minute range movement that did not break the low and then rebounded. The sequence of the move has changed. Currently it is within the 4-hour timeframe. For today, this is only one 30-minute rebound so far. For now, we only need to watch where this 30-minute move ends.
On the larger timeframe, the bullish side still wants to see whether 61,800–61,500 can hold effectively. Also, this is not the place to go all-in with spot-style positioning. Going forward this month, we expect mostly wide-range consolidation. You can buy the dip in BTC and keep an eye on opportunities in strong coins.
Tonight, the CPI data is coming. Be careful about the needle-spike expectations. For short-term heavy contract positions, it’s advised to wait!
▶️ Intraday structure classification and practical play:
1. After the 30-minute rebound ends, there will definitely be a 30-minute drop. Then, judge the strength of the pullback. If it breaks again below 63,200, you can consider adding in batches around 62,700–61,700.
Ethereum support: 1,825–1,780.
2. Only if price first rebounds and then breaks above 64,600 will we consider the possibility that the 4-hour timeframe may form a clear local low. Otherwise, we still have expectations of a 30-minute oscillation center shifting downward.
3. Make a trading plan for your current positions according to your allocation ratio. Short-term is short-term—strictly follow your trading plan. Market moves change continuously, and you must adapt.
Actual entry levels are based on the instructions from the internal group!
⭕️ There is no such thing as perfect prediction in trading—only each level you act on in the present. Larger timeframes are derived from smaller timeframes. So please don’t be rigid and trade as if the past must repeat exactly. If you trade contracts, you must follow the trading plan for each live entry and the timeframe you’re trading.
Yesterday, the big BTC ("the big pancake") saw a five-minute range movement that did not break the low and then rebounded. The sequence of the move has changed. Currently it is within the 4-hour timeframe. For today, this is only one 30-minute rebound so far. For now, we only need to watch where this 30-minute move ends.
On the larger timeframe, the bullish side still wants to see whether 61,800–61,500 can hold effectively. Also, this is not the place to go all-in with spot-style positioning. Going forward this month, we expect mostly wide-range consolidation. You can buy the dip in BTC and keep an eye on opportunities in strong coins.
Tonight, the CPI data is coming. Be careful about the needle-spike expectations. For short-term heavy contract positions, it’s advised to wait!
▶️ Intraday structure classification and practical play:
1. After the 30-minute rebound ends, there will definitely be a 30-minute drop. Then, judge the strength of the pullback. If it breaks again below 63,200, you can consider adding in batches around 62,700–61,700.
Ethereum support: 1,825–1,780.
2. Only if price first rebounds and then breaks above 64,600 will we consider the possibility that the 4-hour timeframe may form a clear local low. Otherwise, we still have expectations of a 30-minute oscillation center shifting downward.
3. Make a trading plan for your current positions according to your allocation ratio. Short-term is short-term—strictly follow your trading plan. Market moves change continuously, and you must adapt.
Actual entry levels are based on the instructions from the internal group!
⭕️ There is no such thing as perfect prediction in trading—only each level you act on in the present. Larger timeframes are derived from smaller timeframes. So please don’t be rigid and trade as if the past must repeat exactly. If you trade contracts, you must follow the trading plan for each live entry and the timeframe you’re trading.