Xu Xu Baby says the strategy analysis for Bitcoin on the evening of August 3:
The market fluctuated somewhat during the morning session, and when the market panic increased, the price briefly dipped. However, it quickly rebounded and stabilized thereafter. During the noon period, after oscillating around 113500, the overall trend showed a pattern of upward movement.
Currently, there remains a divergence between bulls and bears: from a technical perspective, the 15-minute chart shows multiple bottom divergences, accompanied by a shape similar to 'rb', indicating signs of strength building for the bulls in the short term. However, this does not mean one can chase after the bulls directly—the key is whether the price can effectively break through the level of 114500. If it can hold above this level, a small bottom structure may be established, and the rebound potential would be worth looking forward to; conversely, if it encounters resistance and falls back around 114300, it could become an opportunity to short on the right side.
In terms of operations, it can be planned as follows: if the price rebounds to the range of 114000-114500, and a clear reversal signal downwards appears (such as a bearish engulfing candle, long upper shadow, etc.), one could consider positioning for a short, with the target initially set at the area of 112500-112000. It is important to note that the stop loss must be set above 115000, using a clear risk boundary to deal with market uncertainties. #加密项目 #美国加征关税 #BTC走势分析