August 8th


The oscillating market has begun, and the range is becoming more and more apparent. The 4-hour Bollinger Bands show that the upper band is 58500 (short), the lower band is 52500 (long), and the middle band is Sideways at 55500.
Today BTC price 57300

Contract map updated today:
BTC short order: 57868, 58366, 59362, 59860, 60358
BTC long order:56872, 56374, 55876, 55378, 54880

Ethereum short order:2463, 2487, 2511, 2534, 2558
ETH long order: 2439, 2415, 2392, 2368, 2344

Let me explain how to use the contract map: The first and second levels of the contract map are equivalent to 50x and 100x leverage contracts, but these two positions are not very useful. Usually, it is the third and fourth levels that are useful and have a high accuracy.
Yesterday's contract map, you should have seen it. The fifth level of the long order was 54590 yesterday, and the lowest point last night was 54500. Is it accurate? Just burst the fifth level and v reversed. Today, v came up to 57500.
57500-54500=3000 dollars, equivalent to a 5.5% increase.
So the contract map, generally 3-5 gears are effective.
At the bottom of 805big dump, it rebounded to 53000 in 15 minutes after the big dump.
So 53000 became the low point of the subsequent half month's fluctuations,
Most of the time should be oscillating in the narrow range of 53000-58000, occasionally there may be Long Wick Candles at 52500, 58500, 59500, don't panic. They are all normal oscillations.

Talking again about the market not having the conditions for a big move, because it did not happen at the beginning of the year. If it happened at the beginning of the year, there would be half a year to pump it up to 70,000 or 100,000 BTC. Now it's August 8th, and after half a month of fluctuation, it will be September. There are only three months left until New Year's Day. How can it rise from $50,000 to $100,000 in three months? It's not possible. Moreover, the US stock market and other markets have already peaked, and after adjusting for two or three months, it will be October or November. There is no time left this year. Also, the Middle East often launches missiles.
Trump's approval rating is now lower than Harris's.
Just wait, normally the US stock market will adjust, the crypto world will adjust, and then at the end of the year or the beginning of next year, it will pump again for the new year.

For now, the fluctuation range is 53500-58500 for the next half month.
58500 close to Short, 53500 close to Long, don't mix them up
Do not exceed 10 times leverage, do not exceed 10 times for contracts
Make that kind of order at that position, and you can also make money in a volatile market.
Earn $2000 in price difference once, and make 3 orders in half a month, which is $6000. A talented person can make 6 orders in half a month, which is $10,000 in price difference.
BTC1.52%
ETH1.64%
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