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Analysis and trading suggestions for Deer Star 8.4 morning thoughts
From the current market analysis, Bitcoin and Ethereum
The daily level adjustment has ended, and a clear short-term bottom has been established, showing a healthy upward rebound trend. On the four-hour chart, the price has continued to close positively, successfully breaking through and stabilizing at the middle Bollinger band, achieving a technical breakthrough in a short cycle. The short-term trend leans towards bullish, but a strong one-sided trend has not yet formed. Specifically, Bitcoin completed a small V-shaped reversal after hitting a low of 111,895 on the four-hour level. If it can effectively break through the previous resistance level today (i.e., the starting point of the decline), the upward trend will be further confirmed; conversely, the market will shift to a strong oscillation, showing a step-back-and-return trend.
Operational Suggestions:
The Bitcoin is hovering around 114000, with a target aimed at 115500;
The concubine is hovering around 3500, with a target looking towards 3,600. #加密总市值破4万亿美元#