8.15 Morning BTC Trading Strategy Analysis:

From the hourly Bollinger Bands perspective, the current middle band and upper band continue to maintain a downward trend, and the middle band is effectively suppressing the price, indicating that the short-term bearish trend has not shown a substantial change, and the bullish rebound momentum appears slightly insufficient, with the rebound space temporarily compressed.

It is worth noting that the lower band has shown a slight upward turn and is beginning to diverge, creating a divergence with the downward trend of the upper and middle bands. This signal suggests that the support level around 117500 is gradually starting to play a role. After a continuous decline, the bearish strength has weakened somewhat, and the buying power at lower levels is gradually accumulating, enhancing the short-term support strength.

Brother's strategy suggestion: Place an order near 118000 $BTC #币圈