【🚀Bitcoin Evening Trading Strategy (August 21)】
📊 Current Market Overview: The current price of BTC is around $114,000, showing a short-term consolidation pattern, with market sentiment having slightly retreated. Key support is at $112,000, and resistance is at $115,000.
⚖️ Trading Strategy Reference:
▪️ If it rebounds and faces resistance around $114,500, consider lightly shorting, with a stop loss above $115,500, targeting the $113,000–$112,000 area.
▪️ If it tests the $112,000 support and stabilizes, consider lightly going long, with a stop loss below $111,000, targeting the $114,000–$115,000 area.
▪️ If it strongly breaks through $115,000 and holds, consider a trend-following long position; if it drops below $111,000, be cautious of further declines.
📈 Potential Opportunities
1. “Altcoin Season” Rotation Expectation: Bitcoin's dominance (BTC.D) has decreased from 65% to 59%. If funds start flowing into mainstream altcoins like ETH and SOL, it may divert some capital from Bitcoin but could also create new market hotspots.
2. Institutional Long-term Layout: There are signs that some large institutions or whale users may be adjusting their positions, such as a whale selling some BTC and increasing their holdings in ETH. This may suggest internal capital rotation and long-term confidence in the market.
⚠️ Risk Warning: Pay close attention to macro news at night (such as speeches related to the Federal Reserve), which may trigger increased volatility. The market's leverage remains high, so manage positions carefully and avoid heavy investments.
📌 Overall Recommendation: The short-term trend remains dominated by consolidation; it is advisable to operate cautiously, strictly control risks, and avoid blindly chasing after price increases or decreases. The market is volatile, so respond flexibly.
(This article is for market analysis only and does not constitute any investment advice. Cryptocurrency investment carries high risks; please make rational decisions.)
