Afternoon analysis on August 27:

Today's price rebounded to the 111700 level, and the characteristic of encountering resistance and falling back is very evident. Throughout the day, it is crucial to closely monitor the breakthrough momentum at this position—if it cannot stabilize, there is a high probability of another downward movement, testing the support at the 111000 level.

If the support at 111000 is not effectively broken after multiple tests, it indicates that the short-term may enter a wide fluctuation range, at which point we can switch strategies and consider positioning for a rebound long position.

Operational advice

Major coin in the 110000—110500 range can be bought, target 111500

Near 4568, it can be bought, target 4620, if broken, continue to look up 👀#BTC走势分析 #ETH走势分析