8.25 Early Morning Analysis

Today, the Bitcoin price rose ↑ to around 115600 in the morning, then began a downward ↓ trend, currently in a clear descending channel. From a technical perspective, the MACD volume is continuously increasing, indicating that the bearish momentum is gradually ↓. In the current market conditions, as long as the support level of the ↓ channel is not effectively broken, it is recommended to adopt a rebound strategy.

Suggestion

Consider buying on a rebound to around 114800, with a target of 113800 - 112800. #BTC走势分析 #ETH