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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
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Analysis of the strategy and operational suggestions for the evening of August 12 by Deer Star
From the in-depth analysis of the current market trend, the intraday market is showing a clear buildup momentum. The amplitude of market fluctuations is generally narrowing, the candlestick body is significantly shrinking, and the upper and lower shadows are frequently interspersed. Everyone is waiting for the release of the crucial CPI data in the evening, and the trading volume also exhibits typical wait-and-see characteristics, with the main players waiting for guidance from the key data.
From the hourly perspective, the price has consistently failed to effectively break through this key resistance, instead forming a series of upper shadows after multiple attempts. In the future, it will continue to be suppressed and subsequently retrace. For the evening trading strategy, aggressive traders may consider lightly positioning short positions before the release of CPI data, while conservative traders can wait for the news to be released and then act in accordance with the breakout direction.
Operation Suggestion:
The big coin is short around 118700-119200, targeting 116500.
The concubine is short in the range of 4300-4330, targeting 4150 #BTC重返12万# .