Analysis of BTC market trends on the evening of August 25

From the BTC 1-hour candlestick chart, a downward spike occurred in the early morning. Although there was a rebound in the morning, the strength was limited, and it stagnated around the 113500 point level. Subsequently, it entered a continuous downtrend mode, and the current resistance level around 111000 points is also precarious.

However, there is no need for everyone to panic; the subsequent operational strategy will still focus on going long at low levels. The spike in the early morning basically confirms the low point position. As long as the new low around 110300 points is not broken, we can boldly lay out short positions and just patiently wait for the market to develop.

Currently, the two lines of MACD are running down and are close to the bottom, indicating that the bearish momentum is gradually weakening, which suggests that the bullish force is about to gain strength. At the same time, the three lines of KDJ are also running down and are about to hit the bottom, showing a trend of upward rebound, which further solidifies the overall low long trading strategy.

Evening operation suggestions

Long in the range of 110200 - 110900, with the initial target at 111500. If it successfully breaks through 111500, it can continue to look up to 112800; if it fails to break through $BTC, consider going short.