Tonight, the core of ( August 20 at 0:26 is to observe the gains and losses of the key support level. $114,000-$115,000 (x) is the first line of defense for long positions, and $112,300 is the second, more critical line of defense. If the latter is lost, market sentiment will clearly turn pessimistic.


Looking ahead to the coming week, the market will continue to speculate on the Federal Reserve's interest rate cut expectations and prepare for the potential market movements in September. The $108,000-$112,000 range may become a very strong "value pit" and layout point in the medium to long term.
Remember: strategy, position sizing, and risk management are always more important than predicting price levels. Choose the script that best suits you based on your risk tolerance.
BTC-0.77%
View Original
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
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
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)