Market analysis at 8:22 AM
After the US stock market opens, Bitcoin fluctuates in the range of 112500-114000. The volatility seems severe, but the price change is actually not significant. The four-hour chart shows that the price has rebounded to the middle track, facing strong resistance and moving downward, displaying a pattern of rising and then falling, with weak rebound momentum. The high points of the three-wave rebound continue to decline, indicating that the market is still dominated by weak bears, repeatedly testing the support below, and the short-term rebound is merely a technical c

8.19 Market Analysis:
The Bitcoin chart on the four-hour level shows a fluctuating downward trend, with multiple attempts to break through the middle band of the Bollinger Bands failing. The MACD indicator is operating below the zero axis, and the momentum bars have not expanded, indicating a lack of bullish strength.

The weekly chart closed lower, with previous gains already retraced, and the market is dominated by bears. It is important to pay attention to this week's closing performance. If it fails to recover half of last week's decline, it indicates that the bearish pressure continues,

August is already halfway through, and we are sprinting towards the end of the month! Lu Shi is sincerely recruiting 5 "participants with over 10,000 oil with no upper limit" to join the double the position size challenge. The spots are limited, waiting only for those who truly desire a breakthrough.

Don't be trapped by past failures; choosing the right direction is far better than blind effort. Join us and let's tear off the label of "hard work": lighten the shoulders that bear the burden of the family, and let the light of self-achievement shine a little brighter.

Here, we fight side by

Brothers who were following old Lu's long term layout can exit now, this wave can be considered a direct fill! #Gate七月透明度报告发布# #BTC ETF持仓破1530亿美元# #美联储终止新型活动监管#

BNB has successfully reached the target level. Brothers who followed can take profits and exit. Those who want to continue watching can adjust their defenses and keep looking down! #Gate七月透明度报告发布# #BTC ETF持仓破1530亿美元# #美联储终止新型活动监管#

Market Analysis at 00:00 on August 18:
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On the four-hour level, after a price surge, it has shown a downward trend. The current price is operating below the middle track, indicating significant short-term pressure above. The MACD indicator continues to show negative values; although the green bars have slightly shortened, suggesting a possible weak rebound, it is still overall in the bearish zone, with downward momentum not completely dissipated.

On the hourly level, all indicators point to a bearish dominance, and the downward momentum is gradually being released. Overall, the operational

8.17 BNB market analysis
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Although the technical analysis shows a bullish engulfing pattern, suggesting there may be short-term rebound momentum, the trading volume is extremely low and the moving average system is entangled, indicating a lack of sustainability in the upward movement. At the same time, the price comparison is approaching a strong resistance level. If it cannot effectively break through, it will further solidify the oscillating pattern. Currently, the market has mixed signals from both bulls and bears, and the sustainability of the rebound is questionable. It is essential to p

The overall direction remains unchanged. As long as there is a pullback, shorting is fine. Just follow Old Lu's operations, and it's easy to make money! #美7月PPI年率高于预期# #以太坊ETF突破300亿美元# #Gate Alpha巅峰交易赛#

Weekend Analysis 8.16
On the four-hour level, Bitcoin is showing a descending staircase pattern. Approaching the weekend, the volume of long and short positions is converging, with shorts in the dominant position. It is crucial to pay attention to the 117900 line, as this level was the rebound starting point from early yesterday morning, and falling below it has turned into short-term resistance, which can serve as a follow-up point for shorts. On the hourly level, the market is experiencing fragmented K adjustments, with clear back-and-forth action between longs and shorts, and upward continu

The enemy can go, and so can I. The trend has reversed, and now it's the world of bearish traders. Every pullback is a better opportunity for the bears to enter. The strategy accurately predicted that everything would decline as expected after the strategy was executed. I have always believed in Old Lu, and Old Lu has not disappointed his brothers! #美7月PPI年率高于预期# #以太坊ETF突破300亿美元# #Gate Alpha巅峰交易赛#

8.15 Market Analysis:
The four-hour K-line shows a series of consecutive bearish candles, indicating a strong bearish atmosphere in the market. Combined with the Bollinger Bands and MACD indicators, it is highly likely that the currency price will continue its weakness in the short term, or test the support strength of the lower band.

The hourly level trend appears more fatigued: the price continues to decline after breaking below the middle track, and the Bollinger Bands are opening and diverging downwards, further confirming the dominance of short-term bearish forces in the market. Overall

Every pullback is a better opportunity for the Kongs to enter the market. Brothers, let's directly target 118000/4620 at the current price! #Gate 8月储备金报告出炉# #BTC再创新高# #晒出我的Alpha积分#

While everyone is intoxicated, I remain sober. Today, with the entire market being bullish, only old Lu is looking out; has the big dump downwards confirmed now? Today, old Lu has repeatedly reminded the brothers to look out, look out. Those who have continuously supported and followed old Lu have directly become wealthy this time. Finally, I ask, how are the bullish traders doing?