8.27 Bitcoin Aunt's Intraday Trend Analysis

Yesterday, I suggested to everyone to go long on Bitcoin at 108500, reaching 111000, securing a profit of 2500 points; Aunt suggested to go long at 4300, with a target of 4500, achieving a perfect take profit of 200 points.

The daily candlestick shows three consecutive bearish candles, and the rebound is indeed weak, but we cannot be overly bearish; we can still participate with low longs, and today's daily line is expected to close bullish. Moreover, yesterday, Shiyu had already reminded everyone to open this long position, ensuring proper defense. Although the neckline of the daily M-top has been broken, as long as it does not fall below the 106000 position, Shiyu remains bullish.

Support on the four-hour level is at 107800, with MACD showing a bottom divergence and a shrinking upward trend. The Bollinger Bands are tilting downward, with the lower band support at 108000 and the middle band to watch at 112400. The suggested strategy is to focus on low longs.

Trading Suggestions

Bitcoin: Go long in the range of 110000-109000, with a target upwards of 112500

Aunt: Go long in the range of 4350-4400, with a target upwards of 4550-4650 $BTC $ETH