Daily BTC Market Briefing | Explore the future of crypto and seize market opportunities

Bitget

News

3Friends2024/09/05 06:25

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

BTC intraday multi-cycle long and short boundary: based on space

BTC Live Price: 57684

4H：59642

1H:58215

15m：57676

② BTC market intraday multi-cycle direction: based on the trend, control the direction.

4H: bearish weakening

1H: Bullish strengthening

15M: Bulls weaken

③ Operation suggestion: btcusdT intraday trading opportunity

Direction: short (bearish)

Admission location: 57920, 58279

Stop loss: 58689

Take Profit: 55901

Daily BTC Market Briefing | Explore the future of crypto and seize market opportunities image 0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

September is typically the worst-performing month for U.S. stocks, with the S&P 500's average monthly return at its lowest point of the year. Currently, option prices are also at their cheapest level of the year—combining these two factors makes the risk-reward ratio of buying downside protection particularly attractive.

智通财经•2026/08/31 22:56