Bitcoin on the Silk Road at dawn on August 29

Yesterday, after the white plate hit the bottom, it quickly rebounded, reaching a daily high of around 113,400. Recently, it has been consolidating at a low level, and today finally showed signs of a turning point. The price is currently stable around 112,000, with significant signs of stabilization. It is expected to continue rising, fully aligning with our previous judgment of 'new highs after periodic corrections'.

4-hour level: Bitcoin has entered a stage of gradual upward movement after briefly breaking below 110,000. Although the bulls are relatively weak, the bottoms are gradually rising; the Bollinger Bands are opening upwards, the MACD has a golden cross with increasing volume, and the daily divergence structure is confirmed. We maintain the view of 'watching for a rebound after hitting the bottom', and continue with low buys as the main strategy.

Bitcoin: Buy in the range of 111800-112300, target 113000, if broken, look to 115000, with proper risk management. If anyone does not understand the direction of the trend, don't worry! Lu Yao shares directional strategies every day, just pay more attention. $BTC $ETH $XRP #比特币盈利钱包数量新高 #美国宏观经济数据上链 #ETH走势分析 #比特币巨鲸换仓以太坊 #机构筹资布局SOL