Market analysis and trading suggestions for the evening of August 21st, Thursday.

After continuing the bullish trend in the morning and rising to around 114700, the Bitcoin price showed a ladder-like downward trend, and then entered a volatile range around 113200.
After the concubine's daytime rise to around 4378, a small range pullback occurred, and it is currently oscillating and consolidating around 4295.

Daily level: The morning opening is around 114210, with an increase in bearish momentum, and the daily chart shows a bearish candle pattern. Key support to watch below is around 112000, with secondary support around 111200; resistance above is around 114500, with secondary resistance around 115500.
- Short-term level: On the four-hour chart, the price has come under pressure and retreated after reaching the middle band, with a decrease in bullish momentum; the hourly chart shows an increase in bearish momentum, and the price has reached near the lower band.

When Bitcoin retraces to the range of 113500-113000, you can set up long positions, targeting the range of 114800-115100.
When the concubine retraces to the range of 4280-4250, you can arrange long positions, targeting the range of 4375-4400.
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