8.4BTC Morning Operations Silk Road
BTC has entered a consolidation phase, with lower space already opened, and the moving average system has not shown a rebound trend; on the contrary, with the release of K-line strength, the downtrend of the moving averages is becoming more apparent. This is not the beginning of a downward cycle, but rather a pullback within a bearish trend. The price has tested the support level multiple times but has not been able to stabilize, indicating that the market is waiting for K-line strength to push further.
In the short term, attention can be paid to the stabilization situation around the 114000 line below, considering a small position to try a long; those who are more cautious may continue to wait for resistance above before planning relevant operations.
Operation suggestions:
BTC: Try to operate around the small position near 115000-115500, targeting 114000. #比特币走势分析