Lee Jucoin
Lee Jucoin2025-09-08 07:09

BTC Update 8/9

BTC has had a ~15% drop from the peak of 124kxx, there is still no recovery wave, the current price is trading around 110k

D1 closed a green candle but did not say anything

The NFP data released on Friday last week was bad, pulling the price back up to 113k, at the same time, the previous KC pulled out the beard and sold off strongly

Looking from above, BTC is still sideways, running down in the wave 119-107

-On H1 (drawing), you can see that this section needs to build another leg around the support d1 (107k) to be able to pull up again

-Trhop2: the price drops the beard to 104kxxx, then you wait to catch the previous liquidity gap price zone

Strategy to wait for Long candles in the 2 price zones of 107k and 104kxxx

#ETH, this section supports around 4200, builds for quite a long time but still does not have enough liquidity to go up + BTC is not favorable, there will likely be a 4k swinglow sweep then consider going up

Wishing you guys a lucky start of the week, successful trading!

#Jucoin #JucoinVietnam #BTC #Bitcoin

#BTC#Bitcoin#Jucoin#JucoinVietnam
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Lee Jucoin

2025-09-08 07:10

BTC Update 8/9

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BTC Update 8/9[{"type":"paragraph","children":[{"text":"BTC has had a ~15% drop from the peak of 124kxx, there is still no recovery wave, the current price is trading around 110k"}]},{"type":"paragraph","children":[{"text":""}]},{"type":"paragraph","children":[{"text":"D1 closed a green candle but did not say anything"}]},{"type":"paragraph","children":[{"text":""}]},{"type":"paragraph","children":[{"text":"The NFP data released on Friday last week was bad, pulling the price back up to 113k, at the same time, the previous KC pulled out the beard and sold off strongly"}]},{"type":"paragraph","children":[{"text":""}]},{"type":"paragraph","children":[{"text":"Looking from above, BTC is still sideways, running down in the wave 119-107"}]},{"type":"paragraph","children":[{"text":""}]},{"type":"paragraph","children":[{"text":"-On H1 (drawing), you can see that this section needs to build another leg around the support d1 (107k) to be able to pull up again"}]},{"type":"paragraph","children":[{"text":""}]},{"type":"paragraph","children":[{"text":"-Trhop2: the price drops the beard to 104kxxx, then you wait to catch the previous liquidity gap price zone"}]},{"type":"paragraph","children":[{"text":""}]},{"type":"paragraph","children":[{"text":"Strategy to wait for Long candles in the 2 price zones of 107k and 104kxxx"}]},{"type":"paragraph","children":[{"text":""}]},{"type":"paragraph","children":[{"text":"#ETH, this section supports around 4200, builds for quite a long time but still does not have enough liquidity to go up + BTC is not favorable, there will likely be a 4k swinglow sweep then consider going up"}]},{"type":"paragraph","children":[{"text":""}]},{"type":"paragraph","children":[{"text":"Wishing you guys a lucky start of the week, successful trading!"}]},{"type":"paragraph","children":[{"text":""}]},{"type":"paragraph","children":[{"text":""},{"type":"topic","character":"Jucoin","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"JucoinVietnam","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"BTC","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"Bitcoin","children":[{"text":""}]},{"text":" "}]}]