Analysis and Trading Suggestions for Deer Star on August 22nd Early Morning

In the four-hour structure of Bitcoin, the price encounters resistance and declines upon rebounding to the middle track, and the rebound peaks of the three-wave pattern show a gradual decrease. This trend indicates that the current market is still dominated by weakness.
The bearish side continues to repeatedly test the lower support, and the short-term rebound that has emerged is merely a normal technical correction, not a trend reversal signal. In the early morning operations, it is recommended to still respond with the mindset of transitioning between long and short positions, with a focus on the breakthrough or breakdown of key price levels, and then clarify the subsequent direction. Everyone should set stop losses and avoid holding onto losing positions.

Operation Suggestions:
The pancake can be around 112000, 111500, with a target of 113500, 114500 nearby. If it breaks, further look at 115000.
The concubine can oscillate around 4210 and 4165, targeting around 4280 and 4380, and if it breaks, further look at 4480.

(Personal opinions are for reference only, everything is subject to the actual transaction!) #加密市场反弹#