8.19 Morning BTC Market Analysis



After rising to 116938, the price encountered selling pressure and fell back, entering a correction phase. During this period, bearish forces were released, and the price dipped to around 115600. The moving averages shifted from a "bullish arrangement" to a "tangled game," intensifying the divergence between bulls and bears.

Short BTC at 116800, add to short at 117300, target 115000.
BTC-1.75%
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