Wall Street Journal 08.19: Urgent! Wu Song is drunk, BTC is at a market turning point!



Viewpoint: Wu Song will no longer be hitting the "roadblock tiger" this weekend, and BTC has also entered a period of oscillation and adjustment. However, in this weekend's daily report, we were still able to anticipate the reduction point above 118500 for the bulls, allowing fans on both the long and short sides to enjoy the benefits of weekend segment arbitrage. As for the beginning of the new week, our advice remains to cautiously go long, as Wu Song, representing the bulls, is currently drunk and still asleep, and there is a possibility that BTC's price may shift downwards. Therefore, finding relatively safe points for re-entry is a prudent move.

Operation Strategy: Bulls can accumulate in batches around 116800 and 115800, and reduce positions around 118000 and 118500.

Risk warning: If the bearish energy continues to increase, the bullish side can take profit and stop loss at 115000.
BTC-0.63%
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