【Morning Bitcoin (BTC) Strategy | Tuesday 8.26】
1. Review of Yesterday's Market
The low long strategy from last night was executed precisely, successfully capturing two waves of rebound, ultimately taking profit at the 112800 line. The subsequent market entered a downtrend mode, and this morning it broke through the key support of 110000 and continued to dive. However, this pullback has created a second layout opportunity for the bulls. During the early hours, long positions were decisively closed to lock in profits, and we are currently waiting for the price to retrace to the target range before re-entering.
2. Current Market Analysis
From the funding rate perspective, the current long positions still dominate, and the market's bottom-fishing sentiment is quite strong. However, based on the logic of the main players' operations, it is unlikely to lift directly; it is more probable that there will be a downward move to clear out weak long positions, laying a foundation for future rebounds. Therefore, overall, we need to maintain a low long strategy, and I recommend setting short-term profit targets above 1000 points to avoid prolonging holding periods due to greed, which could lead to profit loss.
3. Today's Operation Suggestions (BTC)
• Long Strategy: Gradually build positions in the 109000-109600 range, with a strict stop loss set at 108000.
◦ First Target: 112500; if this level is broken, we can further look at 115000.
• Short Opportunity: If the price rebounds to 112500 and shows obvious resistance signals, we can take a small short position, with the principle of quick entry and exit to avoid prolonged battles. $BTC $ETH #加密市场回调 #特朗普罢免美联储理事库克 #美联储降息预期