#BTC走势分析

BTC Insights on the Afternoon of August 19

The morning's market has been validated, and BTC continues to decline, dropping from a low of 116,000 to 114,000. It is currently around 115,000.

BTC is currently in a key consolidation period, with some support below and facing obvious pressure above, overall presenting a state of accumulating energy.

From a short-term perspective, it is likely to primarily exhibit sideways fluctuations. However, it is essential to be cautious; if the price falls below the 11,400 mark, it could trigger a rapid downward trend.

In terms of operational strategy, position control is of utmost importance. In a fluctuating market, one should avoid the illusion of “getting rich quickly.” In such market conditions, frequent volatility can easily become a “scythe” that harvests retail investors; a steady response can help avoid unnecessary losses.