Bitcoin Analysis on August 25th Afternoon
Currently, the trend is a downward oscillation; the pullback is not a normal adjustment but continues to break new lows. The daily line has already broken down, and there is still room for adjustment below. We need to see whether it will dip down and then come back up or continue to decline. In the short cycle, after a high-level pullback, it has clearly weakened. At the beginning of this week, I'll follow the trend and short, waiting for a suitable opportunity to make a swing long position.
Operation Analysis:
Bitcoin: Focus on shorting in the range of 124,000 to 128,000, with the target initially looking at around 110,000
