Analyst Liang Qiu: On August 26, Bitcoin Auntie’s rapid victory in the Kangdan strategy; a rebound does not mean a reversal
Yesterday, Bitcoin Auntie repeatedly reminded that the Kangdan strategy surged quickly to the level of 4308 and 108500, with overall space being quite good. It has been emphasized multiple times that once Bitcoin breaks the level of 112000, it will reach around 108000, which is a relatively important top-bottom conversion area. Currently, there is certain short-term support at the level of 108000; if it breaks again, it will directly touch the level of 105000.
After reaching a bottom in the early morning, the market began to rebound, but the rebound strength is not very strong. After three consecutive bearish days, Bitcoin is showing a rise followed by a drop today, indicating that the decline is not over. In contrast, Auntie just started her rapid decline yesterday, and after breaking the early morning low of 4308, it will continue to test the lower levels of 4200 and 4100. However, contract operations need to be aligned with the trend and viewed step by step.
Operational suggestions: for Bitcoin, buy around 110000 to 110500, with a target near 108500; for Auntie, buy around 4420 to 4450, with a target near 4340.
[The above analysis and strategies are for reference only; please bear the risks yourself. The article review and publication may not be timely, and specifics should be based on real-time data.] #加密市场回调