Evening BTC Operation View on August 26:
As I mentioned before, the total market capitalization of cryptocurrencies has been declining and retracing to the downward trend line, which is a perfectly normal adjustment—it's not scary at all; rather, it can squeeze out some bubbles, making it more favorable for future upward movement. Additionally, the market has already digested a wave of liquidity expectations based on the previous news of 'potential interest rate cuts in September.' Now, it's normal for everyone to be concerned about 'where the subsequent liquidity will come from,' but there’s no need to panic over this.
The key is not to let the downturn skew your emotions; instead, calm down and see: what opportunities can we grasp during this adjustment phase? Currently, the overall market is still in a correction period, and specific operational suggestions are as follows:
When Bitcoin pulls back to the range of 106730-108760, you can consider entering to take advantage of a rebound, with initial target levels at 111870-113520. (Extra note: If it can stabilize above 115500 later, don’t rush to chase; wait for it to break through and then confirm support on a retracement before entering, as this will be more prudent.) $BTC