Analyst Liang Qiu: On August 17, Bitcoin's Auntie launched another rebound, pay attention to the pressure above.

CN
12 hours ago

Follow for more, earn millions. Hello everyone, I am analyst Liang Qiu. Here I share my views, hoping that every friend who follows can achieve good returns!

You can follow the public account Analyst Liang Qiu bb, focusing on mainstream coin guidance and layout. Bitcoin Auntie has repeatedly laid out the Doko Silk Road yesterday, and the market has also experienced multiple fluctuations. Overall, there is still a good space to capture. Currently, the market has started to rebound since the afternoon, especially with Auntie's overall rise being relatively large, approaching the 4580 line, while Bitcoin has risen to the 118400 line. The rebound is not a reversal, and the upper pressure has not been broken. The rise also provides an opportunity for Kongsan to enter the market. Looking at the daily MA moving averages and box structure under pressure, there is significant resistance for Bitcoin Auntie at the upper levels of 119000 and 4600. If it does not break, the market will face a wave of pullback and decline.

In terms of K-line patterns, the daily level shows a rebound trend in the short term. In the 4-hour cycle, it is currently close to the recent pressure area with a long upper shadow, indicating some selling pressure above. On the technical indicators, the daily level DIF and DEA are still below the zero axis, but the green bars are shortening, indicating a weakening of bearish momentum. In the 4-hour level, DIF has broken above DEA, and the red bars are expanding, indicating a short-term bullish advantage, but caution is needed for divergence risks.

Evening operation suggestions: Buy Bitcoin around the current price of 118300, target around 116500; Buy Auntie around the current price of 4570, target around 4480.

Currently, the market is relatively good. I recommend trading altcoins like ORDI, LPT, SOL, and UNI in a swing manner. Specific operations will be guided in real-time. For more strategies, you can follow the public account: Analyst Liang Qiu bb.

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