8.12 Evening View
The big coin stopping its decline needs two conditions: breaking the descending trendline and returning to the trading range. We’ve already met them.
This sudden surge is mainly to fill the FVG gap between 640–638.
Remember this key level: 644—this is the turning point of this round of the rebound downward!
Once the gap is filled, it can hold the trading range and stand above 644; only then can we say the down move is truly over. If a pullback doesn’t break 632, you can look for long opportunities.
If it fails to break above 644, the market will likely roll back down again to retest the prior low at 632.
For aggressive short-term traders: break 641 on increased volume at the right-side signal.
But! If 637 breaks down on heavy volume and the rebound can’t be recovered, then follow through and go short—always use a stop loss.
$BTC #美国7月CPI与PPI数据本周出炉 #美OCC称数字资产公司可申请国家银行牌照 #MoneyGram将现金加密兑换扩展至Solana
The big coin stopping its decline needs two conditions: breaking the descending trendline and returning to the trading range. We’ve already met them.
This sudden surge is mainly to fill the FVG gap between 640–638.
Remember this key level: 644—this is the turning point of this round of the rebound downward!
Once the gap is filled, it can hold the trading range and stand above 644; only then can we say the down move is truly over. If a pullback doesn’t break 632, you can look for long opportunities.
If it fails to break above 644, the market will likely roll back down again to retest the prior low at 632.
For aggressive short-term traders: break 641 on increased volume at the right-side signal.
But! If 637 breaks down on heavy volume and the rebound can’t be recovered, then follow through and go short—always use a stop loss.
$BTC #美国7月CPI与PPI数据本周出炉 #美OCC称数字资产公司可申请国家银行牌照 #MoneyGram将现金加密兑换扩展至Solana