8.21 morning thoughts
Go long around 2340-2350
Stop loss: 2330
Target points: 2380-2400
The early-session price is at a sensitive zone where short-term bulls and bears are competing.
The long setup is based on the logic of “looking for a rebound and continuation from above the support band.” At the current price level, there is a clear short-term defensive area below where traders are holding. As long as this defensive zone is not effectively broken, the bulls have the capital to push higher again.
When price retraces to the upper edge of the defensive area and shows signs of a downside halt, treat it as an opportunity to open a trial position. If the market can hold here during the morning, the bulls will challenge the recent swing high above. The target area is the resistance band formed by the rebound in the past few days. When price reaches it, actively take partial profits; protect the remaining position with a trailing stop.
Place the stop loss below the lower edge of the defensive area—this is the final bottom line for going long today. If price breaks the support with increased volume, it indicates support has failed. Regardless of whether a rebound happens later, exit first and observe—no wishful thinking, no averaging down.
If the morning quickly spikes upward but the volume shrinks, or if it surges and then rapidly pulls back and wipes out the gains (bullish move is engulfed), it means the bulls lack conviction. In that case, reduce target expectations and take profits earlier. Conversely, if it advances steadily with rising volume, you can be more patient with the position.
#BTC突破$72000 $ETH
Go long around 2340-2350
Stop loss: 2330
Target points: 2380-2400
The early-session price is at a sensitive zone where short-term bulls and bears are competing.
The long setup is based on the logic of “looking for a rebound and continuation from above the support band.” At the current price level, there is a clear short-term defensive area below where traders are holding. As long as this defensive zone is not effectively broken, the bulls have the capital to push higher again.
When price retraces to the upper edge of the defensive area and shows signs of a downside halt, treat it as an opportunity to open a trial position. If the market can hold here during the morning, the bulls will challenge the recent swing high above. The target area is the resistance band formed by the rebound in the past few days. When price reaches it, actively take partial profits; protect the remaining position with a trailing stop.
Place the stop loss below the lower edge of the defensive area—this is the final bottom line for going long today. If price breaks the support with increased volume, it indicates support has failed. Regardless of whether a rebound happens later, exit first and observe—no wishful thinking, no averaging down.
If the morning quickly spikes upward but the volume shrinks, or if it surges and then rapidly pulls back and wipes out the gains (bullish move is engulfed), it means the bulls lack conviction. In that case, reduce target expectations and take profits earlier. Conversely, if it advances steadily with rising volume, you can be more patient with the position.
#BTC突破$72000 $ETH