Analysis and Operation Suggestions for BTC on the Afternoon of 8.26



The market is currently in a range-bound state again, with bulls and bears pulling back and forth. The short-term trading space is fully utilized, and the range of fluctuations is clearly indicated to us. BTC is fluctuating in the range of 109700 - 110000. The current price trend is consistent with technical indicators, showing a strong bearish trend. It is expected to decline further in the short term, and it is recommended to continue shorting after a rebound.

Operation Suggestions;
Short BTC around 110300, 111000, with targets towards 109300, 108300. #Gate广场七夕心意 #加密市场回调 #特朗普罢免美联储理事库克 #上市公司融资扩大加密储备 #Gate Alpha空投DORA
BTC-3.22%
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