Analysis of the Bitcoin Market on August 15th Morning:

From the current market observation, bears are temporarily in a dominant position, but it should be noted that the price is in a severely oversold area. During the early morning period, it is recommended to focus on whether the daily midline can form effective support:

• If it stabilizes here, it is suggested to primarily take long positions, with Bitcoin being positioned in the 1170-1175 range, aiming for targets of 1200-1205.

• If the daily midline is effectively broken, then short positions can be taken accordingly. $BTC #BTC再创新高