View on the evening of August 15:



The daily chart of Bitcoin shows that a long bearish candle appeared yesterday, with the price significantly retracting from the highs, forming a "headless guillotine" pattern, indicating strong bearish forces. In the 4-hour period, recent candlesticks have shown a fluctuating downward trend, but there are signs of a small bullish rebound at the end of the session. The DIF and DEA continue to diverge downwards, with green bars shortening but still negative, indicating that the bearish trend is weakening but has not completely reversed.

Operation Suggestions:

118200-118700, target 120000-121000, defend 118000

Two cakes: 4600-4630 long, target 4750-4850, defense 4570

(The market is ever-changing, for reference only!)
BTC-0.44%
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