8.5 Evening Thoughts


From the perspective of the Bollinger Bands on the hourly chart, the channel has clearly widened, indicating that market volatility is increasing and the battle between bulls and bears has become more intense.
It is worth noting that after a quick drop to the lower track in the afternoon, the price quickly rebounded and is now gradually moving towards the middle track. This trend actually indicates that after receiving support at the lower track, it has escaped the weak zone and is starting to recover towards the middle track. Pay close attention to Trump's speech at eight o'clock, strictly set stop losses, and do not hold against the market.
Bitcoin operation strategy: pullback to around 113350-114550, look up to around 117650.
Auntie's operation idea: Pull back to around 3585-3620, looking up to around 3765.
TRUMP4.44%
BTC1.33%
ETH4.74%
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