Evening BTC Market Analysis on August 24

Currently, from the daily chart perspective, the overall trend of Bitcoin remains bullish, but there is strong resistance in the recent range of 115200–115500. The price has repeatedly faced obstacles when attempting to rise, indicating a certain demand for short-term pullback. The four-hour K-line shows that during a pullback, the support below is in the range of 113200–113500. If it stabilizes, it is likely to form a 'pullback-rebound' pattern and challenge the previous highs again. If the support breaks, it may extend to around 112500.

Operational Suggestions:

On a pullback to the range of 113200–113500, gradually set up long positions, with a stop loss below 112500.

If it stabilizes and rebounds while breaking through 115500, it is expected to continue upward, with the first target at 116800.

Do not blindly chase highs during range fluctuations; maintain patience and wait for support confirmation.

Summary: The current market is in a pullback consolidation phase within a high range, but the overall bullish trend has not changed. The pullback presents an opportunity, focusing on the rebound setup in the range of 113200–113500. For friends who do not understand the trend direction, the teacher shares directional strategies every day, so pay close attention! #BTC #BTC走势分析 #ETH #杰克逊霍尔会议 #加密市场回调