8.20 Morning BTC Market Analysis and Trading Strategy

Currently observing the market, after a brief period of weak adjustment, the downward inertia of the price is still continuing, and the overall situation has not shown significant improvement.

The technical aspect shows a state of intertwining bull and bear: the bearish strength continues to be released, pushing the market overall into a weak downward trend; however, at the same time, the 1-hour candlestick chart has shown positive signals, with bullish momentum gradually accumulating, and the frequency of bullish candles is increasing, indicating signs of warming up. In summary, short-term operations are suitable to adopt a high short and low long oscillation strategy.

Specific operation suggestions:

• Bitcoin: Can place short orders in the range of 114000-114500, targeting 112000-113000#币安HODLer空投PLUME