August 25 BTC Trading Insights

The spike in BTC during the early hours directly broke the weekly support level. Currently, although it has rebounded nearly 3000 points, it is once again facing resistance in the 113600 area, showing that the short-term weakness has not yet been reversed.

Therefore, the strategy for today is to enter the market on a rebound. Enter at the 113600 area, with a target set directly at 112100, and if it breaks, aim for the 111000-110000 area.

Currently, for the market to continue rebounding upwards, it must successfully break through the 114500 area. Therefore, moving forward, we will enter the market on a rebound until this level is breached.