$BTC 8.25 Monday Early Morning Analysis

The MACD green bars show signs of contraction, with the DIF and DEA divergence gradually narrowing. The momentum is accelerating in decline, and the rebound energy is secretly accumulating. If the price stabilizes above 114600, it will trigger an upward attack with the resonance of the two moving averages. The previous high of 115640 is within reach, and the short-term adjustment is actually a buildup of strength.

One can buy on dips with an orange target of 115600 and 117000.