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#ETH 【Today's Market Analysis - BTC - 8.1】
For educational purposes only, not as investment opening advice. Profit and loss are at your own risk.
👉Plot: Don't panic, the monthly line has closed, and the FOMC has also ended. It's time to trade well again. The bearish pressure on BTC has increased. The price has retraced to 114X, but the pressure is still not as strong as the last time it was at 114X. This pressure is still considered a phase of consolidation.
👉Position:
BTC pullback: 1135, intraday top 117, 1196, 121
ETH pullback: 364, 358, intraday top 373, 382, 393
🌟 Intraday trading idea: Buy BTC spot, short BTC on rebounds, avoid ETH (the one-sided market is not honorable whether it rises or falls, high risk)