8.27 Afternoon Thoughts

In the morning Bitcoin market, the price encountered resistance and fell back from the 112300 level, touching a low of around 110800. Overall, it continues to maintain a short-term strong oscillation pattern.

Looking at the hourly Bollinger Bands (boll), the current three bands are exhibiting a "slight upward divergence" pattern, indicating that the short-term oscillating upward structure has not been disrupted by the morning pullback, and the overall rhythm remains stable.

In addition, the morning price briefly broke through the upper Bollinger Band, but subsequently fell back inside the channel. The key reason for this was that the volume did not synchronize with the breakout, resulting in insufficient bullish momentum to support a sustained price increase.
Operation idea for Bitcoin: Short near the rebound around 112050-112800, looking down towards around 110850.
Auntie's trading strategy: Short around 4655-4735 on the rebound, looking down to around 4515.