8.5 Tuesday midday BTC analysis:



Today, BTC maintains a volatile downward trend. After breaking below the lower edge of the downward channel at midday, it rebounded at the strong support level around 114200. The bottom support and the downward channel above form an angle. Currently, the trend is gradually converging in volatility. If it cannot form a bullish signal with three red candles in the next hourly level to effectively break the downward trend, the bearish outlook remains unchanged.

BTC: Short near 114500, target around 113500

Personal suggestion, for reference only!
BTC-2.29%
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