8.23 Midday BTC Market Overview
Today, BTC surged and then fell back, reaching 117397 before a significant adjustment, stabilizing around 115811.
On the one-hour level, the price is between the middle and lower bands, showing short-term volatility. However, the support at 115500 is effective, and the MACD green bars are narrowing, indicating a rebound signal.
Long positions between 115500 - 115800, with a target of 116500 - 117000.
The large coin support is stabilizing, follow the trend for long positions and capture the recovery market!
