8.25 Bitcoin Midday Strategy
The current market continues to follow a bearish dominant trend, but prices are still in the oversold range, so we need to be particularly cautious of short-term technical rebound risks. Based on market signals, the midday suggestion is to take a light position and attempt to catch the rebound trend. The specific strategy is as follows:
• Entry range for long positions: Bitcoin (BTC) 1110 - 1115 area
• Target level: Looking up to 1130 - 1135 area
• Risk warning: The overall bearish trend has not changed; any long attempts must strictly control positions (mainly light positions), while also setting reasonable stop losses to avoid reverse risks triggered by insufficient rebounds. Pay close attention to changes in market volume to adjust operations. $BTC #比特币远古巨鲸持续出清