$BTC 🎙️【BTC Morning Report · August 23, 11:30 (Beijing)】

Binance Spot BTC/USDT approximately 115,750 USD. Last night, the assessment was 'slightly upward', and this morning the price still remains at the upper side of the range, with a consistent rhythm.

Policy/Funds: Powell released a signal for a rate cut in September at Jackson Hole, boosting crypto assets; however, on August 22, Bitcoin ETF saw a net outflow of approximately 234 million USD and Ethereum ETF a net inflow of approximately 299 million USD, indicating a rotation of funds among mainstream assets; the sentiment index is around 60 (greedy).

Technical: The price is still in the 112–120k fluctuation zone, pay attention to the upper levels of 118k/120k, and the support around 112k below; when volume is insufficient, the probability of a false breakout is high.

Strategy (both long and short, not investment advice)

* Long: 114.8k–115.5k support and increase in volume → try long; add positions if breaking above 118k with volume, target 120k, stop loss 112.6k.

* Short: If there is an increase in volume around 118k or a break below 112.7k → go short in the direction, target 110.9k.

48-hour probability for larger direction: slightly upward (rate cut expectations + greedy sentiment, but need volume confirmation).