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Analysis at 8.11 in the early morning:
The weekend large pancake market continues to show strength, with a brief pullback in the afternoon followed by another surge, currently oscillating below the resistance level of $119,000. From the trend, the upward momentum seems insufficient, lacking sustained energy. At the same time, short positions are gradually entering the market at night, coupled with the approach of the weekly line change node tomorrow, leading to an increase in market wait-and-see sentiment. Considering the pressure from the technical aspect and the influence of the time window, it is expected that there will be a small pullback in the short term, and attention should be paid to whether the support below can stabilize. It is recommended to be cautious about chasing highs in operations and wait for clear pullback signals.
Operation Suggestions:
The Bitcoin range is between 119000 and 119500, with a target looking down near 117100-117600.
Auntie range 4260-4290, target looks down around 4180-4210 #Gate & WLFI USD1 积分计划# #特朗普允许401(k)投资加密货币# #Gate跟单训练营晒单赢$2,000#