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The latest market position on 8.22:
Yesterday, the short positions near 2617 and the 2643~54 range provided a drop of several tens of points.
① Top: aggressive short position in the range of 2678~88, with defense at 2695. Relatively stable short position in the range of 2713~2720.
Stable Long Wick Candle may lie in ambush shorts around 2750, as well as a second probe in the range of 2783~2800 at the top, both of which can lie in ambush shorts for the first time.
②Bottom: Aggressively retrace the short positions in the 2600~2607 range, defend at 2590. Relatively stable support for longs remains at 2555~65. Steady long positions can be added in the 2510~30 range with strong support, and longs can be lying in ambush for the first time at 2460/2410 with strong support.
The Whipsaw in the range is serious, try to minimize the operation in the middle position, and do not hold a losing position against the trend. Consider following the trend after the breakthrough. #BTC #ETH