8.11 Afternoon Analysis



From the hourly chart, the MACD has a golden cross, with the red bars increasing, indicating that short-term gains can be enhanced; the Bollinger Bands are opening upwards, with the price stabilizing at the upper band, favoring the bulls, and resistance is at 123000. To stabilize or further rise, one needs to guard against pullbacks after a surge. In terms of operation, focus on support, avoid chasing highs, and if it hasn't broken the level, one can buy low and sell high within the range.

Operation suggestions

Bitcoin: Around 121100-121600, aiming for a breakout at 123000 and looking to continue up towards 125000!

Auntie: Around 4220-4260, the target looks at breaking 4350 and can continue to look up to 4500!

Be careful when chasing high positions and ensure good defense!
BTC-2.15%
ETH-0.26%
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