8.22 【Aerial Refueling? Consolidation Zone Emerges】
BTC recap. This violent surge of over 10,000 points finally showed signs of slowing down around 7.8. But the trend is not over yet~ Here's the conclusion first: approaching the bull-bear boundary. The trend is still bullish. Shorting requires more candlesticks and structure. Short-term game in a small consolidation zone. Chart 1. The weekly resistance at 8.25 still holds. Regarding whether it's a "bullish return," this is a key level. For details, see the detailed weekly analysis from a few days ago~ The larger-level support and resistance in the chart remain valid. Currently, the daily resistance at 7.8 is blocking the price. Such a pullback is quite normal. Until the 7.4 area is broken, there's no need to worry about entering a price vacuum zone. Chart 2. The shorter-term perspective that everyone is more concerned about. Intraday support is at 7.63 - trendline. In my view, a consolidation zone will form here. So short-term longs and shorts can revolve around the trendline to 7.92, buying low and selling high within this range. Considering the current strong large-scale bullish trend, the conclusion is to prioritize going long. Whether around 7.8 or later pushing up to around 8.25, shorting at the first resistance is a left-side move. Without forming a longer consolidation and breaking down, the bullish trend won't immediately turn bearish. The so-called consolidation can be referenced at the left arrow in Chart 1. Instead of shorting at the highest point, better to buy the dips and pullbacks more and more~
$BTC
#BTC延续强势,资金流能否持续?
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