August 28 BTC Technical Analysis
As I said yesterday, the 2-hour zero line rebound—its rebound mainly did the heavy lifting within 15 minutes. Longs, be careful. Today I also made a move up to 81,500, and immediately placed the first short position. Exited the bottom in 1 minute and grabbed a trade. Right now it’s still consolidating at a high level. The 2-hour logic hasn’t finished playing out yet. Once its logic is complete, if it can’t keep making strong upward pushes to 83,000, and if the energy and price don’t match, then short-term shorts remain the priority.
If it dares to go up to 83,000, then I’ll dare to add to the position!
First, look at the 4-hour chart: 76,000. Then the 6-hour: 74,000. And around the 8-hour: 72,000!
As I said yesterday, the 2-hour zero line rebound—its rebound mainly did the heavy lifting within 15 minutes. Longs, be careful. Today I also made a move up to 81,500, and immediately placed the first short position. Exited the bottom in 1 minute and grabbed a trade. Right now it’s still consolidating at a high level. The 2-hour logic hasn’t finished playing out yet. Once its logic is complete, if it can’t keep making strong upward pushes to 83,000, and if the energy and price don’t match, then short-term shorts remain the priority.
If it dares to go up to 83,000, then I’ll dare to add to the position!
First, look at the 4-hour chart: 76,000. Then the 6-hour: 74,000. And around the 8-hour: 72,000!
