This afternoon, the Bitcoin market has shown a complex trading situation. Currently, the $115,000 level has become a key support point, but the selling pressure above remains heavy. From a technical indicator perspective, the DIF and DEA lines continue to diverge downwards, and the green histogram is expanding, indicating that short positions are still dominant.



However, it is worth noting that the DIF line is approaching the zero axis position, which may indicate a potential rebound opportunity. Investors should closely monitor the range of $115,000 to $115,300, as it may become a new support area. If the price falls below this range, the next focus will be $113,800. Conversely, if the price stabilizes at the current position, there may be an opportunity for an upward movement, with a target price set at $117,200.

In this market environment, investors need to stay vigilant and closely monitor the price trends and changes in technical indicators. Whether choosing to go long or short positions, strict risk management strategies should be established. At the same time, broader market factors should also be considered, such as the global economic situation and changes in regulatory policies, as these can have a significant impact on Bitcoin prices.

Overall, the current Bitcoin market is at a critical decision point. The price trend in the short term will provide important clues for the medium to long-term trend. Investors should remain calm and adjust their strategies in a timely manner according to market changes.
BTC0.72%
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NotSatoshivip
· 08-19 14:05
Long positions must have been liquidated, right? It's a huge loss.
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GasFeeSobbervip
· 08-18 07:53
Looking at the Candlestick Chart again to act like I understand it.
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ser_ngmivip
· 08-18 07:53
Rebound my ass, the market maker is smashing it down.
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NftPhilanthropistvip
· 08-18 07:46
*adjusts charity dao glasses* tbh this price action is just proof we need more impact-verified smart contracts
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GreenCandleCollectorvip
· 08-18 07:43
There are no eggs in my night.
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not_your_keysvip
· 08-18 07:38
Short positions still dare to act, let's wait for the cleanup.
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NoodlesOrTokensvip
· 08-18 07:26
The bearish trend is unstoppable.
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