#BTC

Bitcoin (BTC) Evening Market Analysis and Strategy Adjustment on 8.19

Today's Bitcoin trend continues the 'bottom probing and rebound' rhythm from yesterday, showing short-term oscillation and repair characteristics, but the rebound momentum has not shown significant strengthening. The core contradiction still focuses on the effectiveness of breaking through the key resistance zone above. From the 4-hour level, the current rebound has not broken the recent downward structure. If resistance continues to be effective, the probability of being pressured again after oscillation is high.

Operating Suggestions:

- Short Position Layout: It is recommended to gradually build short positions in the 115600-115800 range, with a stop loss set above 116200 (to avoid short-term inducement risks).

- Target Levels:

1. First target 115000-114800 (short-term support conversion level);

2. If it breaks below 114800, further look at the 114300-113900 range;

3. In extreme cases, pay attention to the strong support effect near 113500.

- Long Position Trigger Conditions:

If a substantial bullish candlestick breaks 116200 and maintains three consecutive K-lines, you can decisively exit the short position and cautiously test the long position in the 116000-115800 range during the pullback, with a stop loss below 115500 and a target looking up at 116700-117300.

Risk Warning:

Current market trading volume has not significantly increased, and position should be strictly controlled in oscillation markets (suggested position 20-30%), to avoid passive stop losses caused by false breakouts due to sudden fund flows. The operational rhythm focuses on 'short when facing resistance, long after breaking and pulling back', avoiding chasing highs and selling lows.