8.4 Afternoon Analysis


The Bitcoin price surged to the 115,000 level in the morning before pulling back, currently oscillating around 114,100. From the perspective of the short-term structure, it is still operating above the midline of the 1-hour timeframe, and the bullish pattern has not been broken; at the same time, the 4-hour MACD indicator maintains a state of expansion, showing that the medium-term upward momentum is still continuing.
Suggestion
Bitcoin: Fluctuating around 114000-113200, Target: 114800-115500 #BTC# .
Er Bing: Fluctuating around 3510-3480, target around 3560-3590
BTC0.93%
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