9.4 Consolidation recovery in a downtrend

1. After BTC plummeted on August 17, it was proposed that it would consolidate and recover for several weeks. The trend in the past two weeks has confirmed this view, and it is expected that the consolidation will continue for another week or two.

2. The consolidation range is around 25,000-28,000. The upper and lower rails of the range provide short-term trading opportunities.