August 15 Bitcoin (BTC) Contract Technical Analysis: In terms of today, the daily level of the larger cycle closed with a large bearish candlestick yesterday, with the candlestick pattern showing consecutive bullish candles followed by one bearish candle. The price is still at a high level, and the auxiliary indicators are showing a golden cross. The overall trend is still in favor of an upward movement; however, the significant pullback that occurred yesterday halted the continuation of the upward trend, and with the weekend approaching, it is highly likely that we will see a corrective trend today, so we will first focus on range fluctuations. In the short term, the hourly chart showed a decline during the day yesterday, continuing into the European session, with the U.S. session correcting near the high point of the 119350 area. The current price is at a low level, and the auxiliary indicators are showing a death cross. Given the significant downward movement without a corrective pullback, it is advisable not to take long positions, as the price is clearly under pressure, and the probability of a downward continuation is definitely greater than that of a pullback. However, one should not go short directly; we still need to observe the corrective trend during the day and wait for a correction before planning a short position. Therefore, today's short-term BTC contract trading strategy is: short on a pullback to the 119300 area, with a stop loss at the 119800 area, and a target at the 118000 area; #BTC走势分析 $BTC