8.25 Evening Bitcoin Market Analysis
The current price of Bitcoin has seen the expected pullback today, and the evening trend remains at a critical juncture.
From a four-hour perspective, moving averages are starting to flatten, the MACD momentum bars are shrinking, and the RSI is operating in a neutral zone, indicating that the short-term bullish and bearish forces are nearing equilibrium, and a directional choice is imminent.
Key Points:
Support below: 110800–111200 range, this is the position that bulls must defend tonight; if it breaks down, there could be further decline risks.
Resistance above: 112500–113000 range, if it can break through with volume, it will reopen the rebound space.
Personal Operation Suggestions:
1. Buy low near support: If the market stabilizes in the 111000–111200 range on a pullback, you can attempt to buy in batches, with a stop-loss set at 110500, and the initial target at 112500.
2. Follow the breakout: If it strongly breaks through 113000, you can follow the trend to buy, with the target looking towards the 114200–114800 range.
3. Turn bearish if lost: If it falls below 110800, the short-term trend weakens, and it may further probe the 109500–110000 range.
Summary:
The current price of 111450 is just above the critical support; the evening strategy still centers on 'buying low and following breakouts,' so be sure to set stop-losses and patiently wait for directional choice. #BTC #BTC走势分析 #ETH #美联储降息预期 #比特币远古巨鲸持续出清