8.15 Amy Morning Market Analysis

The Bitcoin daily chart shows a bearish engulfing pattern, but the trading volume has not kept pace, indicating a lack of momentum. In this situation, there is no need to be overly pessimistic—based on the logic of rising prices, the market often needs to release some negative emotions before subsequent upward momentum can be stronger.

What current market participants are undoubtedly looking forward to is a more cost-effective low-entry opportunity. The overall trend is still within the expected range of the previous plan and has not shown significant deviation.

If Bitcoin pulls back to the 1175-1180 range, one could consider gradually positioning long orders. $BTC #美国7月PPI年率高于预期