8.5 midday thoughts


From the perspective of the hourly Bollinger Bands, the bands are widening, and the trends of the upper, middle, and lower bands are diverging more significantly, indicating that market volatility is intensifying in the short term.
Dian Wei has already broken through the support of the midline and is currently operating in a weak area between the midline and the lower line. This means that the short-term upward momentum has been interrupted, and Dian Wei has entered a weak consolidation phase.
Pancake trading strategy: Pullback around 112650-113850, targeting around 116850.
Concubine's operation idea: pullback around 3505-3555, aiming for around 3735.
BTC0.21%
ETH5.93%
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