8.25 Morning Silk Road
In the early morning market, it seems like a carefully orchestrated script: Bitcoin first surged forward, reaching the upper level, then the bears suddenly exerted force, causing the price to plummet like a kite with a broken string to 110400, a significant short-term drop. However, the bulls did not collapse; instead, they quickly gathered funds in the 110600-110800 range and launched a powerful counterattack.
Within just one hour, the price of the currency was pushed back above 113500, establishing a new oscillation center. At this point, the market completed a typical "V-shaped trap—quick recovery" structure, leaving behind a long lower shadow "hammer" candlestick, as well as a battlefield with wide fluctuations.
Bitcoin: Long in the 112500-113000 range, target 114000; if broken, look at 116000, each should strictly maintain their defense. $BTC $ETH $XRP #ETH创历史新高 #杰克逊霍尔会议 #BNB创新高 #以太坊生态山寨币普涨 #亚洲家族办公室加密资产配置