📌 Current Market Overview The current Bitcoin price is fluctuating around 108,000, maintaining a consolidation trend in the short term. If the support level below is confirmed, a rebound may occur.
📈 Technical Analysis The daily chart shows that the Bitcoin price is still in a consolidation pattern. On the four-hour chart, the price is approaching the support zone around 10,8000. If it stabilizes in this area, there is a good chance for a rebound.
🔑 Key Support/Resistance Levels Support level: 10,8000—10,8500 Resistance level: 11,0000—11,0500
💡 Operation Suggestions 1. Long position on pullback: If the price pulls back to the range of 10,8000—10,8500, it is recommended to take a light long position, with a target range of 11,0000—11,0500, and set the stop loss below 10,7500. 2. Rebound Short Position: If it rebounds to the range of 11,0000–11,0500, you can take a light short position, aiming for a return to the range of 10,8000–10,8500, with a stop loss set above 11,1000.
🔮 Summary Bitcoin is currently in a consolidation range, with the main operation being to go long on pullbacks to the support area and short when it rebounds to the resistance area. Adjust flexibly, operate in line with the trend, and short-term opportunities are emerging. For friends who do not understand the trend direction, teachers share directional strategies every day, so pay more attention!
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HandsomeYoungMan
· 08-30 14:30
This only represents personal opinion, everyone should consider it before deciding on actions.
August 30th Evening Bitcoin Market Analysis
📌 Current Market Overview
The current Bitcoin price is fluctuating around 108,000, maintaining a consolidation trend in the short term. If the support level below is confirmed, a rebound may occur.
📈 Technical Analysis
The daily chart shows that the Bitcoin price is still in a consolidation pattern. On the four-hour chart, the price is approaching the support zone around 10,8000. If it stabilizes in this area, there is a good chance for a rebound.
🔑 Key Support/Resistance Levels
Support level: 10,8000—10,8500
Resistance level: 11,0000—11,0500
💡 Operation Suggestions
1. Long position on pullback: If the price pulls back to the range of 10,8000—10,8500, it is recommended to take a light long position, with a target range of 11,0000—11,0500, and set the stop loss below 10,7500.
2. Rebound Short Position: If it rebounds to the range of 11,0000–11,0500, you can take a light short position, aiming for a return to the range of 10,8000–10,8500, with a stop loss set above 11,1000.
🔮 Summary
Bitcoin is currently in a consolidation range, with the main operation being to go long on pullbacks to the support area and short when it rebounds to the resistance area. Adjust flexibly, operate in line with the trend, and short-term opportunities are emerging. For friends who do not understand the trend direction, teachers share directional strategies every day, so pay more attention!