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8.7 Early Morning Thoughts:
On the four-hour level, after three consecutive bullish candles reaching upwards, the price is suppressed by the upper Bollinger Band. Bullish momentum is insufficient, leading to a price pullback. This round of upward movement is likely over, and there is a high probability of returning to a bearish trend.
On the hourly level, after a rise, there was a pullback. Both the KDJ and RSI indicators are pointing down, and the key psychological level has not been broken.
Operation suggestion: High-altitude game pullback, short Bitcoin around 115500-115800, target 113500. Strictly maintain defense.