Technical observation on August 17th:

After the MACD indicator completed a golden cross below the zero axis, the upward divergence trend is evident, with the red momentum bars releasing at a steady pace and continuously increasing, gradually accumulating bullish momentum;

The RSI indicator has rebounded from the oversold area and is currently stabilizing in a neutral to strong range, confirming short-term rebound momentum.

Trading suggestion for Bitcoin: Set long positions in the range of 116500-117000, with a stop loss around 115900; initially target the range of 118000-119000, and if the trend remains strong, it can be further raised to around 121000.#中国投资者涌向印尼 #币安钱包TGE #加密市场回调 $BTC $ETH $BNB