Analysis of Bitcoin market on August 21: Range game, waiting for direction
Entering August 21, the Bitcoin market continued to fluctuate between the two key ranges of 61000-62000 and 57700-58500. This narrow range of consolidation not only tests the patience of the market, but also indicates the possibility of an upcoming change. Although the overall trend is upward, the current market sentiment is relatively cautious, and investors generally take a wait-and-see attitude, waiting for clear direction signals. It is recommended that investors operate flexibly at this stage, be prepared to capture possible breakthrough opportunities, and set stop losses to prevent accidents.
