8.15 Afternoon BTC

Recently, most of the news has been negative, causing the market to experience a sell-off. It should be clear that price movements triggered by news typically lack sustainability.

The core reason for this deep correction is to accumulate strength for a better upward movement in the future. Currently, the upward pattern has not changed, and the overall bullish outlook remains.

Buying is recommended when Bitcoin retraces to the 118300-118000 range.

Target price is set at 121000-128000 ​#美国7月PPI年率高于预期 #加密市场回调 #以太坊创历史新高倒计时 #主流币轮动上涨 #BTC再创新高 $ETH $BTC