8.28 Bitcoin Silk Road in the early morning

Yesterday, we recommended to enter long at 110500 and advised to exit at 112500. The market, just like the Silk Road, steadily rose around 112500, achieving a 2000-point gain.

Currently, looking at the hourly Bollinger Bands, the price has firmly stood above the middle line and is slowly approaching the upper band, indicating that short-term sentiment has indeed improved, with the bulls temporarily in control. However, do not be complacent, as there is still a 'ceiling' above. Whether it can push higher will depend on its movements. In the early morning, we can focus on high-altitude strategies.

Bitcoin: Enter long in the 112000-112500 range, targeting 113500, and if broken, look at 115000. Everyone should strictly manage their defenses. If anyone is confused about the trend direction, don’t worry! Luyao shares directional strategies every day, just pay attention to that. $BTC $ETH $XRP #ETH走势分析 #机构筹资布局SOL #币安钱包TGE #特朗普罢免美联储理事库克 #比特币远古巨鲸持续出清