8.3 Midday BTC Market Analysis:
Bitcoin is currently in a phase of correction and consolidation, showing a weak oscillation pattern in the short term. It is recommended to adopt a high short and low long strategy for intraday operations. After experiencing a pullback, market panic sentiment has increased, and the rebound momentum appears weak, which may continue the downward trend. The overall bearish atmosphere is quite strong, and the rebound process can be seen as an opportunity to short.
Big Brother's operation reference: Bitcoin is consolidating near 113700, with a target looking towards the 112500-112000 range. If it breaks through the key support level, it could continue to look for lower targets. #币圈 $BTC