Both longs and shorts are trapped, but fortunately it cannot rise any further, and selling pressure has resumed. The market edged upward in the morning, with Bitcoin once again reaching around 79100, but the move failed to gain follow-through from the market and again came under pressure and retreated. Ethereum did not merely edge upward, delivering a strong upward surge directly to the 2515 level. The overall straight-line rebound covered nearly 80 points. I also missed this round of Ethereum’s rebound in live trading. During the overnight session, the plan was to catch a pullback continuation on Bitcoin and follow the trend to short around 78500, but the position is once again slightly trapped. However, everyone was also reminded during the overnight session that short positions should only be held for the short term and must not be held for too long. The same applies to short positions going forward. The current market structure has become somewhat extreme, with the tug-of-war between longs and shorts entering a white-hot phase. On the daily chart, after the market’s earlier surge, the market was effectively put on pause and is moving in a high-level sideways structure. The MACD technical indicator shows the two lines gradually turning downward, while the bullish bars are decreasing step by step and turning bearish, indicating that the market’s short-term need for a pullback is deepening. The three KDJ lines are moving further toward a high-level death-cross formation, proving that the market will inevitably need a short-term pullback. Recent positioning should focus on whether the market structure will shift toward range-bound movement. Under this rhythm, the short-term bearish approach remains unchanged. Short Bitcoin around 79000 target around 77000 Short Ethereum around 2510 target 2430 #BTC回调至79000美元 $BTC ‌

Strong start to the day—the first Dan wins! Long at 4607, exited at 4618, securing 11 dian🍐, $1118! #黄金 #老用户1BTC回归礼 $BTC $ETH

Yang Guang bit | August 27 $BTC Precision Strategy Today's Strategy Entry timing: Build long positions on a pullback in the 77600–77900 range Stop-loss: Below 77200 Staged take-profit First target: 78800–79100 Second target: 79500–80000 Core Conclusion Geopolitical tensions have shown clear signs of easing. The US and Iran are shifting from military confrontation toward diplomatic negotiations, further weakening the basis for the surge in oil prices, while the activation of BTC’s safe-haven appeal remains limited. On the financial front, the Jackson Hole annual meeting will officially take place from August 27–29, and the market is holding its breath. Some believe Warsh may use cautious language without sending a clear signal. Divisions within the Federal Reserve are deepening, the 30-year US Treasury yield has reached a new high since 2007, and Nvidia rose more than 4% after hours. July PCE inflation will also be released this week. With variables concentrated during this super week, institutions are staying on the sidelines ahead of the meeting, but BTC still retains momentum for a trend-based rise. On-chain, BTC spot ETFs have recorded net inflows for seven consecutive trading days, including $314 million on August 25 alone, with BlackRock’s IBIT accounting for $284 million. August’s cumulative inflows reached $2.72 billion, a new monthly high for the year. Institutional fund flows continue to improve, with 77600–77900 serving as a strong support range. Pullbacks are opportunities to build positions, and room to the upside will open after a break above 79100. $BTC ‌#BTC回调至79000美元