8.1 Early Morning Thoughts


From the hourly Bollinger Bands perspective, the middle and upper bands are both slightly moving upwards, and the distance between them is still widening. This usually indicates that the bullish momentum in the market is still present in the short term, with bulls attempting to push upwards near the current price level. Meanwhile, the lower band of the Bollinger Bands remains horizontal, indicating that the support below is relatively stable, and there are currently no clear signs of an increase in the space for a short-term decline.
Bitcoin operation strategy: pullback around 116150-117250, target around 118950, if broken, target around 119550.
Auntie's operation idea: pullback near 3720-3695, look up to around 3855.
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