8.20 Morning Bitcoin Strategy Analysis

Recently, Bitcoin has truly plummeted! Zhao Si has been emphasizing to go 🈳, I wonder if everyone has kept up? Yesterday, the 🈳 position we set was also steadily secured with a space of 3552 points!

Currently, observing the market on the hourly chart, short-term prices are facing significant resistance at the middle track. The pressure at the upper Bollinger Band is evident, and after experiencing a round of highs and subsequent declines in the candlestick pattern, the rebound has not effectively broken through the middle track. Although the lower track is currently providing support, the overall trend of the Bollinger Bands leans towards a downward movement, and the technical pattern still primarily favors short positions.

BTC Recommendation: 114000-114500 🈳 Target 112000-110000

ETH Recommendation: 4150-4200 🈳 Target 4100-4000

We need to follow the trend, always maintain rationality, defend well, and never blindly resist! Wishing all the best, seize every wave of market movements, we continue to move forward together! #加密市场回调 #Strategy增持比特币 #山寨季何时到来？ #美联储取消创新活动监管计划 #币安HODLer空投PLUME $BTC $ETH $BNB