Key Node Verification
Support Level Accurate Response
The prediction of effective support near 112800, after a real market dip followed by a quick rebound, indicates a significant amount of buying interest at this level, with a high concentration of chips.
Time Rhythm Alignment
Stabilization and rise on 8.20, followed by a pullback on 8.21, aligns with the transitional phase of 'false breakout → pullback', as market sentiment shifts from hesitation to a consolidated consensus.
Pattern Replication and Target Level
The alignment of rebound slope, false drop depth, and the first target level of 114700 indicates that bullish momentum is sufficiently building, with clear control by major players.
Market Essence Interpretation
The logic behind the 'programmatic trend':
Large funds typically layout strategies based on key chip zones, using false breakouts to clean up retail chips before initiating a major upward trend. Your deduction captures this 'behavioral pattern', thus highly synchronizing with real market actions.
The 'soldering' of expectations and reality:
This indicates that the combination of trend structure, chip distribution, and time nodes forms an effective analytical framework, especially suitable for highly liquid assets like BTC.
Subsequent Strategy Suggestions
Confirmation Conditions for Major Uptrend
If the pullback does not break 112800, and a volume breakout occurs above 114700, then the probability of a major uptrend starting is extremely high.
The next target can be seen in the previous high range of 116000-117500.
Risk Management
If it breaks below 112800, one must be cautious of a false breakout evolving into a deep correction, with support shifting down to the range of 111500-110000.
It is advisable to take profits in batches.
Market Sentiment Coordination
Macro Aspect: If no significant bearish news, the technical aspect will dominate more strongly