August 28 Evening Lao Yang's Trading Perspective:
The afternoon market continued the narrow range oscillation from earlier in the day. After the morning rebound reached a high of 113000, the market shifted into a sideways consolidation. From the current market perspective, the four-hour chart of Bitcoin shows a doji candlestick oscillation pattern, with neither bulls nor bears opening up significant space, leading to a renewed deadlock in the market.
In the future, it is essential to pay close attention to the breakout situation at the upper track, as there is no clear one-sided trend in the short term.
Evening trading suggestions are as follows: prioritize light positions to try going long, with a target to observe whether the 113500 level can be effectively broken; if 113500 cannot be broken, then consider a high short strategy when the opportunity arises.