Analysis of Bitcoin Operations on August 26th Early Morning

The daily line of Bitcoin has rebounded from the bottom, receiving support at the 110,000 level. The daily line has formed a long lower shadow, and the second downward probe has not broken the position. There is strong support below, and attention should be paid to the stabilization of the 110,000 level in the short term. The market is highly volatile, and precise entry points are required for actual trading; the short-term strategy is to follow the trend and enter short at higher levels, and to go long briefly when support is reached, with operations based on actual trading signals.

Trading suggestion: Enter short in the range of 112,500-113,000, with a target near 110,800.