Early Morning Analysis on August 24th
From the hourly perspective, BTC's MACD, RSI, and KDJ indicators are currently all in the middle range, with no clear signals for an increase or decrease. Overall, it continues to show a pattern of fluctuating upwards, although the pace of increase is relatively slow. Meanwhile, the hourly and 4-hour charts are basically synchronized, with bullish momentum relatively dominant, continuously pushing prices slowly upwards.
Based on the current technical structure, it is still recommended to focus on the bullish direction for operations. If you wish to enhance entry safety, you can wait for prices to stabilize after a pullback before strategically allocating long positions in batches.
It is suggested to buy when the big coin falls to around 114600-114000, with a target looking at 116000-117000. If it breaks through, continue to look upwards
(aggressive traders can buy at current price) $BTC