⚠️⚠️Attention!! Bitcoin has reached the strong support level around 112,000 as expected, which is also the signal for a trend change. Once it stabilizes, the next likely movement could be a new round of increase. The risk-to-reward ratio is sufficient, it’s time to get on board!

Based on on-chain data analysis, the upcoming market trend is not that simple. With the significant drop over the past two days, the long positions are continuously increasing, indicating that there is still room for decline, while the path for an increase will be filled with obstacles. The upward movement will be chaotic and unregulated, and a clear market trend is not expected until September.

To engage in trend trading, the first thing to do is to determine the direction of the trend within your trading period, which is the top priority. Only then should you choose suitable entry and exit points based on technical indicators, and of course, trading strategy is also very important.

#比特币走势分析

The upcoming market trend is likely to be a fluctuating market with significant rises and minor dips, accompanied by spikes. Such a method can kill both long and short positions, and before you know it, you may find yourself at a high point, causing many to miss the opportunity to get on board. Only then does a significant rise make sense; otherwise, if everyone is already on board, how could the market possibly soar!

The current trading mindset is to buy on dips, and position management is crucial. Personally, I adopt a three-phase trading strategy, allowing myself enough margin for error, especially during spike conditions. The first target level is around 115,000, with a step-ladder type of increase. Formulate your strategy, ignore the process, and patiently wait for the results to emerge.

For those who want to discuss further, you can leave a message on the homepage 🌏 or below the article. Any questions can be exchanged and discussed 🤝🤝$BTC $ETH $SOL