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20 USDT
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BTC market analysis on the evening of August 26
From the 15-minute candlestick chart, the moving averages are in a bullish arrangement. After the price rebounded from the low of 109382, there has been some fluctuation, but overall it shows an upward trend. However, after reaching a high of 110508, it has retraced. In the short term, attention should be paid to the continuation of the bullish trend. 110508 is the recent high point and is a key breakout level for the bulls, serving as a dividing line for short-term bulls and bears. A rebound that faces resistance can be seen as a signal of bullish weakness.
Buy around 109500-108200, Target: 111200-112400