#晒出我的Alpha积分# 2 #加密项目计划# 8.5 Morning Market Overview: BTC consolidation and correction


BTC opened with upper and lower shadows and a solid bullish candlestick this morning, marking two consecutive bullish days on the daily chart. During the day, it may primarily consolidate and trend upwards.
The volatility of BTC and its market share are starting to decrease, with liquidity beginning to flow to ETH; the probability of interest rate cuts in September has reached 95%, perhaps BTC will consolidate, and ETH will start to make a move, which will then drive the altcoin sector to catch up in anticipation of the final reversal of the cycle into a bull market.
BTC is consolidating at 11.5, with a fluctuation range between 11.4 and 11.52. Although there was a spike to 11.56, the body did not break through, making it all in vain; the small fluctuations in BTC limit profit space, so it's mainly a wait-and-see approach for now; wait for an opportunity to pull back near 11.4 to enter long positions, with a stop at 11.35 and targets at 11.5 and 11.56; if 11.5 breaks through, the space for chasing long positions is limited, so pay more attention to the K-line trends.
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BTC1.07%
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