Bullish signal appears! Yesterday's daily K closed positively, today we consider low longs first!! Cat Brother's Bitcoin strategy on 8.21 is as follows
First, let's review yesterday, our strategy was once again accurately fulfilled — the Bitcoin price strongly rebounded after a second pullback near 112500 last night, reaching a high of around 114500. Friends who followed the strategy have already secured this 2000-point move!
Now looking at today's market, the daily level shows a strong rebound with a solid bullish candle, combined with the stabilization signal appearing at the lower edge of the range, indicating that bulls are trying to take control of the rhythm. Therefore, today's operation suggests continuing with low longs as the main strategy, with key support areas focusing on the 113100-113400 range, where long positions can be arranged as opportunities arise. As long as the 112600 level is not effectively broken, it is highly likely that the market will follow a pattern of initial decline followed by a rise, ultimately closing positively.
The upper resistance continues to focus on 114800 and 116300, and a rebound to these levels can be used to attempt to reduce positions in batches or try shorting with light positions.
Specific operational suggestions:
Enter long in the 113000-113400 range, target 114800-116300, with strict stop-loss below 112600.
Risk warning: The market changes rapidly, and the above is only a personal market viewpoint and does not constitute any investment advice. Pay attention to risk control and operate cautiously.
