#每周策略推荐#



1. Market Review/Analysis and Robot Strategy Selection:
Last week, Bitcoin's weekly candlestick had a long upper shadow and a bearish candle. After three days of consolidation on the daily chart, it today broke below the middle band of the Bollinger Bands, with a death cross above the MACD zero line, indicating a depletion of bullish momentum and a short-term adjustment phase. Currently, it still shows a bearish bias. The support level at $115,000 was briefly broken, but there might be a rebound at this level to shake out those chasing the shorts before continuing to test lower support levels, such as $112,000 and $108,000.

From a macro perspective, the most noteworthy event this Friday at 10 PM is the speech by Federal Reserve Chair Powell at the global central bank annual meeting. If he sends hawkish signals (such as delaying rate cuts), it could intensify the pullback.

Additionally, the recent market leverage has risen to bull market levels, and price fluctuations can easily trigger a chain liquidation, which is also a hidden danger that will increase the volatility of the market.

After a brief rebound on Sunday, ETH directly fell below the support level of $4250 today, then quickly rebounded again, getting caught in a tug-of-war. Currently, technically, the MACD has formed a death cross and the EMA is in a bearish arrangement, suggesting that the rebound may not be very high.

Overall, the short-term market has entered a technical adjustment, but the bullish structure has not been broken. BTC is focused on the $112,000 support line, and if ETH holds above $4,200, it can avoid a deep pullback. Macroeconomic policy (inflation/interest rate cuts) is the core variable for the medium term, and if the data eases, the rebound momentum will quickly accumulate.

The pullback is nearing the later stage but has not yet ended. Caution is needed for short positions in last week's contract grid. The strategy suitable for the current market is: BTC spot Martingale + ETH spot grid.

2. Robot Combat Strategy Reference
Strategy Recommendation 1: There will be competition at the resistance level, you can layout BTCUSDT spot Martingale.
Increase position by how much it falls: 1.5%;
Maximum number of additional positions: 6;
Profit-taking ratio per round: 2%;

Strategy Recommendation 2: When it drops to the key support level, you can set up ETH/USDT spot grid.
Price range: $4050 - $4520;
Number of grids: 50
Estimated strategy running time: August 18 - August 27;

Warm reminder: The above content is for reference only and should not be considered as investment advice. You can check more information to make reasonable investment decisions.

Click the link to trade immediately: https://www.gate.io/zh/crypto-trading-bots
BTC-1.75%
ETH-2.52%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)