8.8 Su Wan Afternoon Market Analysis and Trading Strategy On the four-hour timeframe, the bottoming and rebound pattern is very standard. After the short-term pullback confirmed support, the bulls immediately pushed for a rebound, and the lows confirming support have continued to rise, indicating that the short-term trend has gradually stabilized. The market is currently building solid support below; continue to buy at lows. BTC: Buy around 64,500–64,000, target around 65,500–66,000. ETH: Buy around 1,900–1,880, target around 1,925–1,950. $BTC $ETH #股票交易分享挑战

August 8 Market Update: BTC Returns to the $65K Level, Geopolitical Easing and Macroeconomic Tussle, a Critical Period for Bulls and Bears 📊 Today’s key data: • BTC spot price: ~$64,950–$65,020 (up approximately 1.2% over 24H, repeatedly testing the strong resistance zone at $65,000) • Macro and geopolitics: Ongoing negotiations over the Strait of Hormuz have eased concerns in the crude oil market; combined with recently weaker-than-expected employment data, market expectations for further Fed tightening have eased significantly. • Derivatives data: The overall long-to-short open interest ratio has risen to neutral-to-bullish levels. After high-leverage liquidations, funding rates remain slightly positive, while short liquidation activity around $65K continues to heat up. 🔍 Today’s in-depth analysis: 1️⃣ Testing the “resistance turning into support” at the $65K level After the market absorbed the previous selling pressure from Strategy’s monetization of 1,638 BTC, the price has demonstrated extremely strong spot-buying resilience, rising from above $63.5K all the way to the $64,900–$65,000 threshold. This indicates that selling pressure has shown signs of marginal exhaustion after the earlier shakeout, while major players are absorbing tokens at elevated levels. 2️⃣ Improving macro expectations and recovering geopolitical sentiment As signs of easing geopolitical tensions emerge, global risk appetite has recovered slightly. At the same time, signs of cooling in the labor market have further reinforced expectations for future monetary policy easing, providing crypto assets with valuable breathing room in terms of liquidity. 3️⃣ Technical outlook: Breakout pattern after convergence On the 4-hour chart, the moving averages show a slight bullish alignment, RSI has risen to around 58 in a relatively strong zone, and the upper Bollinger Band is extending around $65,200. The key short-term focus is whether the 4-hour candle can break above $65,200 with strong volume and hold there. If it successfully holds, it could easily trigger a passive short squeeze, directly opening up room toward $66,800. 📉 Trading strategy: • Support: Initial support at $64,200; strong support at $63,200. • Resistance: Short-term resistance at $65,200; strong resistance at $66,800. • Approach: • Spot: Continue holding firmly. The market’s choppy turnover around the $65K level is a healthy preparation for a breakout; avoid blindly selling holdings on the eve of a major move. • Futures: Remain rational. Right-side traders are advised to wait for a high-volume 4-hour candle to break above and hold $65,200 before following the trend with long positions on pullbacks; left-side traders may make defensive entries in batches if a pullback to $64,200–$64,500 stabilizes on declining volume, while strictly controlling leverage. 💬 Discussion: BTC is testing the $65K mark again. Do you think it can break through and hold above $66K over the weekend? At the current price, are you taking profits into strength or firmly adding to your position? #MoonshotAIPreIPOs开启 $BTC ‌

Xing Ge on Crypto | August 8 BTC Outlook BTC: Consider going long near 64500, with a stop-loss at 64200. Consider going short near 65000-65200, with a target of 300-500 points. Yesterday, after the nonfarm payrolls data was released, BTC’s trend was actually quite clear. Before the data came out, the market had been pricing in expectations of positive news, with the price rising from around 64100 all the way to around 65350. However, after breaking higher, it failed to continue upward and instead quickly fell back to around 64500. This indicates that short-term funds were taking profits and exiting. Do not chase the rise today; focus mainly on opportunities within the range. At present: Around 64500 was where the price found support again after yesterday’s pullback. If the price returns here again, consider going long. In the 65000-65200 area above, if the price surges again without a clear increase in volume, consider going short in the short term. The focus today is not to guess the direction, but to wait for the right levels. Yesterday’s data-driven market also highlighted an issue: Positive news does not necessarily lead to an immediate rise; in many cases, the market has already priced in the expectations. When trading, do not rush to chase after seeing a rise. Wait for the market to provide an opportunity. Enter according to a plan and exit at the right level. There are opportunities in the market every day, so there is no need to force a trade out of fear of missing out.#非农爆雷降息预期逆转 $BTC ‌