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<h3>Fireline Report</h3>
<p>The U.S. core PCE annual rate of 2.9% in July was in line with expectations. BTC's intraday decline narrowed, risky assets rebounded slightly, and market sentiment briefly improved.</p>
<h3>Trading Guide</h3>
<p>If BTC continues to fall below 108,000, short-term bears will dominate. If the rebound encounters resistance in the 112,000-114,950 range, you can try shorting with a stop loss at 116,300. For aggressive short-term trading, try long with a light position at 107,500-108,000 with a stop loss at 104,444. Consider adding positions after it recovers above 111,000. This is suitable for quick in and out swing trading<span class="source"><a href="fx://followin.io/Feed?id=19682352"><img src="https://static.fwimg.io/img/user/f286ee439d5730cafeacbc22dd54bc44.jpg" width="20" height="20" /></a><a href="fx://followin.io/Feed?id=19675797"><img src="https://static.fwimg.io/img/user/ec6e020af855b645d8e9533881cda31a.jpg" width="20" height="20" /></a></span>.</p>
<p style="margin-top: 20px; text-align: center; opacity: 0.4;"><small>Updated at 09-01 11:09</small><br><small>AI-generated summary, not investment advice</small></p></div>