August 18, 2025 Today's Bitcoin Analysis

Bitcoin is oscillating between 115,000 - 118,500 today (early report at 118,207, a slight drop of 0.3% from yesterday). There is pressure above (118,500 is a recent high), and support below (115,000 is strong support), with the price stuck in the middle fluctuating. The trading volume is low, indicating that both buyers and sellers are quite cautious.

Today's Trading Suggestions

Short: Try shorting lightly near 118,000-118,500, set a stop loss above 119,000, and aim for 117,000 below.

Long: If it drops to 115,000-114,800 and stabilizes, you can buy low for a rebound, with a stop loss below 114,000.

Bitcoin is currently in a consolidation phase: there is selling pressure above (118,500) and support below (117,000). The direction will depend on whether there is a volume breakout above resistance or a drop below support. Be cautious in the short term, maintain confidence in the long term, and view pullbacks as buying opportunities. Control your position, don't hold onto losing trades! #加密市场回调 $BTC