Bitcoin Market Analysis
As of August 25, the current price of BTC is around 111,500, with intense long and short competition. Sharing some personal thoughts for reference 👇
🔹 Key Positions
Support Level: 110,500-112,000 (Important Defense Line)
Resistance Level: 114,500 > 116,000-116,500 (Needs to Breakthrough)
🔹 Trading Ideas
Short-term Focus:
· Lightly short when rebounding to the 113,800-114,500 area, targeting 112,000-111,000
· Or lightly long in the 111,500-112,000 area betting on a rebound, targeting 113,500-114,000
Remember to strictly set stop-loss and act quickly!
Medium to Long-term Suggestion:
Patiently wait for stabilization signals in the 108,000-110,000 area before looking at above 120,000
Consider phased layout, optimistic about long-term value
🔹 Risk Warning
· Strictly control position size (single trade <10%)
· Must set stop-loss
· Be alert to severe fluctuations
The market changes rapidly; personal opinions are for reference only and do not constitute investment advice. Pay attention to risk management and make rational decisions~$BTC
