TangXi
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Midday analysis on August 6

In the morning session, it looks like Bitcoin's fluctuation range has narrowed quite a bit, with the market basically hovering around 113200, showing no clear direction for now.

On the hourly chart, the Bollinger Bands are slightly moving downwards, indicating a soft short-term rhythm. The price is fluctuating around the middle band, with bulls and bears still contesting, and no clear winner has emerged.

Here's a reference for operation: You can try going long around 112500 for Bitcoin, look to 114200; for Ethereum, pay attention to long opportunities near 352
PROVE48.61%
XRP-2.73%
ENA-0.34%
BTC-0.17%
ETH-0.72%
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GateUser-4bee5fafvip:
Awesome
The drums of war have already sounded in August, with today’s record of seven wins and one loss, the momentum continues to rise.

The market is never short of surging capital; what it lacks is a guide who can steadily steer the helm.

We do not seek the immediate pleasure of quick profits, but rather a steady and cautious approach. If you are already tired of the loneliness and confusion of chasing highs and cutting losses—

The direction is entrusted to us; the result will be left to time to witness.
HYPE-3.67%
FARTCOIN-4.06%
XRP-2.73%
ENA-0.34%
ETH-0.72%
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The fluctuations of the market are not a betrayal of faith; rather, they resemble a practice of patience.
It filters out impatience with fluctuations, tests whether one can hold on with oscillations, and in the end, it will always reward those who can withstand the cycles and stay true to their hearts with gentleness.
BNB-0.63%
LTC-3.99%
SOL-2.71%
XRP-2.73%
BTC-0.17%
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XRP has precisely positioned for a short, moving out of a 0.11 point range, continuing to look down towards 2.7-2.5.
ETH-0.72%
BTC-0.17%
LTC-3.99%
SOL-2.71%
XRP-2.73%
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The core idea of the current operation is still to seize the opportunity to short at high positions, as operating in accordance with the major trend is more prudent.

It is recommended to layout shorting positions near the range of 3590 - 3630, with an initial target looking at 3500, and further attention can be given to 3450, while also keeping an eye on the space around 3400.
LTC-3.99%
SOL-2.71%
XRP-2.73%
BTC-0.17%
ETH-0.72%
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BTC currently looks like, the trading strategy still suggests focusing on shorting at high levels, without the need to make overly complex arrangements.

Specifically, BTC can be considered for shorting in the range of 113500 - 114000, with an initial target looking at 111500, and further attention can be given to 110000, while the space around 108000 is also worth noting.
ETHFI0.29%
SOL-2.71%
LTC-3.99%
XRP-2.73%
BTC-0.17%
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GateUser-7cb95137vip:
Quick, enter a position!🚗
At 8 PM tonight, Trump is making moves again. Everyone knows that since he took office, his mouth has been like the "switch" for the market, a single sentence can instantly ignite or cool down bullish and bearish sentiments.

Let's not waste our efforts guessing, we can't guess accurately at all. The key is, what should we do at this time?

I think that before he speaks, especially for positions with high volatility and high leverage, it’s best to clear them out and set up stop-loss orders as soon as possible. Then closely monitor the real-time market for Bitcoin and Ethereum, observe the di
FARTCOIN-4.06%
SOL-2.71%
XRP-2.73%
ENA-0.34%
ETH-0.72%
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The so-called layout refers to accurately indicating the timing for going long and shorting; it's just so perfectly timed!

The real trading operation is steady, and the 135 points of profit have been securely pocketed!
FARTCOIN-4.06%
SOL-2.71%
XRP-2.73%
ENA-0.34%
ETH-0.72%
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Is anyone keeping up? The ideas are all public, BTC has gained 1500 points.
SOL-2.71%
XRP-2.73%
ENA-0.34%
BTC-0.17%
ETH-0.72%
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Short positions have rapidly dissipated, and the short-term bearish signals are clear and definite. At this time, maintaining a shorting strategy without wavering would be a more prudent choice.

Operation suggestion: BNB can choose to layout short positions in the 770-775 range, with a wave target looking at 740 first, while the medium to long-term target points to the 700-650 line.
HYPE-3.67%
MBG-11.71%
AAPLX-0.13%
TON-4.89%
BNB-0.63%
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FafafaIn2024vip:
Another analysis corpse
Although the upward trend has not ended and long positions seem to have the upper hand, there are hidden selling pressures in the context of declining volume, combined with the emergence of a top divergence signal, which actually warns that the trend may change.

Operation suggestion: LTC can choose to lay out short positions in the range of 122-126, with short-term targets initially looking at 115-110, while medium to long-term looks towards around 150.
BNB-0.63%
ETH-0.72%
XRP-2.73%
SOL-2.71%
LTC-3.99%
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The W bottom pattern on the weekly chart is quite worthy of follow, but on the 4-hour chart, although the histogram continues to be positive, it is gradually narrowing. This detail is quietly reflecting the waning strength of long positions.

Operational advice: XRP can be shorted in the range of 3.1-3.2, with an initial target looking at around 2.7-2.5.
ETH-0.72%
LTC-3.99%
BNB-0.63%
SOL-2.71%
XRP-2.73%
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From the Candlestick pattern observation, the recent rebounds' high points show a step-like downward trend. Although the low points have not yet experienced significant breaks, the long positions' defensive initiative has shown signs of fatigue. This is like a continuous range-bound game: the attacking side's momentum is gradually diminishing, while the defending side is secretly accumulating energy.

Operational advice: Bitcoin can consider laying out short positions in the range of 115200-115800, with the initial target looking towards the 114000-113000 area. If this range is effectively br
ETH-0.72%
SPX-3.33%
XRP-2.73%
SOL-2.71%
BTC-0.17%
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