Deer Star 8.25 Afternoon Thought Analysis and Trading Suggestions

On Friday, driven by the enthusiasm for interest rate cuts, Bitcoin surged sharply from around 111,600 to around 117,400. This morning, Bitcoin continues to experience rapid fluctuations, with an unexpected spike of 4,500 points. The morning's spike down exceeded our expectations. From the current market perspective, there are signs of a rebound on the daily chart, so today is still a low buy, expecting a bottoming rise to close with a positive candle.

Trading Suggestions:

Bitcoin can be bought around 111,400 and 111,900, aiming for 113,600, with a breakthrough looking towards 114,400 and 115,000.

(Personal opinions are for reference only, everything is based on actual trading!) #ETH创历史新高 $BTC $ETH