【8.21 Bitcoin Morning Strategy】📌
In the morning, Bitcoin is fluctuating around $113,500, with short-term support at $112,000-$111,000 and resistance at $114,500-$115,500. The MACD indicator shows signs of a golden cross on the 4-hour level, but overall it still remains in a bearish arrangement.
⚡Operation Ideas:
➡️ Attempt a short position lightly near $114,500 (add position at $115,000), stop loss above $115,500, target $113,000-$112,000
➡️ Attempt a long position lightly near $112,000 (add position at $111,500), stop loss below $111,000, target $114,000-$114,500
⚠️Note:
1️⃣ The Jackson Hole Central Bank Annual Meeting opens today, be cautious of monetary policy comments that may cause volatility.
2️⃣ Current trading volume is shrinking, breaking above $115,500 may open up upward space, while breaking below $111,000 may accelerate the decline.
3️⃣ Strictly control position size, single trade stop loss should not exceed 2% of principal, avoid heavy overnight positions.
(For reference only, the market is risky, decision-making should be cautious)
