8.28 Bitcoin Analysis Reference

After yesterday's narrow range fluctuations, Bitcoin fell straight down this morning to around 57,900, but did not actually fall below the support level of 58,000. 5 has temporarily shown signs of stopping the decline.

According to the current 1h, it is currently in the b-wave adjustment period of the third downward wave, and there is no absolute weakness in the daily structure. Do not chase the direction for the time being, and focus on low-multiple.

More than 58,500 points in the day, defend 800 points, and target around 60,000