8.21 Evening Bitcoin Strategy Analysis

In terms of technical structure, no significant changes have been observed at present, and the weekly chart maintains a consecutive bullish pattern. As for the daily chart, after a slight adjustment in the early morning, a slight double bottom probing pattern has formed. One should not blindly follow the trend downwards based on a single pullback phenomenon.

The afternoon market performance is the key to judgment. Currently, the 112500 level has formed a support platform, and the market is expected to rise above this position. After a short-term pullback, the market rebounded quickly, with both the strength and extent of the rebound being quite significant. The operating suggestion is to buy on dips!

BTC recommendation: around 112800, target 114800-115500

We need to follow the trend and remain rational at all times, defend well, and never blindly resist! Wishing you all the best, seize every opportunity in this journey, and we will continue to move forward together! #Gate全球首发上线YZY# #加密市场反弹# #美联储7月会议纪要# #BTC# #ETH#