8.12 Midday Market Analysis

The morning session retraced and engulfed yesterday's upward wave, but the low points were not effectively broken. Buying pressure is gradually warming up, and there are no negative news disturbances, suggesting a return to an upward rhythm. For short-term trades, one can look bullish based on support above the previous low points, aiming for a rebound in sugar. If it breaks the 120000 resistance level, it is expected to continue climbing.

Tuesday's Trading Strategy

Bitcoin, looking at the 118000 to 118500 range, targeting 119500-120500.

In facing the market, one must follow the trend, assess the situation, and should not be blindly stubborn!