Trader X - Lao Zheng's Ideas Sharing on Monday Evening



From the 4-hour candlestick chart, after Bitcoin approached the 120,000 mark, although there has been a situation of high-level volatility, this phenomenon does not indicate the end of the upward trend; rather, it is accumulating energy for the next round of explosion. The previous significant increase has led to a certain accumulation of profit-taking in the market, and the current volatility is the process of the market digesting these profits, as well as a phase where the bulls and bears are re-engaging in a battle at high levels, seeking a new equilibrium.

The big pie is around 119800, target 121500 - 122500
Ether oscillates near 4150 - 4100, target: 4250 - 4300

#BTC重返12万# #预测 BTC 多空走势# #晒出我的Alpha积分#
SOL-2.18%
ZKJ-8.21%
GT-2.64%
ETH-3.42%
BTC-3.06%
View Original
post-image
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
  • 3
  • Repost
  • Share
Comment
0/400
Okyouyuanvip
· 08-11 13:09
This point is more likely to kill someone.
View OriginalReply0
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)