Brothers, yesterday, BTC tested the 114,000 mark multiple times and rose as expected in the evening. The live channel indicated a second time to look upward, reaching a high of around 115,700. Our low long strategy hit the mark accurately.


From the current market perspective, although BTC retraced at midnight, the trend remains unchanged, and the overall structure is still in a consolidation pattern, with bulls gradually releasing momentum. Although the seven-day moving average has some resistance, breaking through and stabilizing is just a matter of time. In the past two days, the price has recovered upwards, with trading volume synchronously supporting it, leading to a rise in both volume and price, resulting in strong bullish sentiment in the market. On the four-hour level, the BTC upward channel is solid, and several small bearish candles have released bearish sentiment. Subsequent surges may be more coherent. Therefore, the early session layout strategy remains unchanged, maintaining a low long bullish outlook.
BTC retraced to around 114100 - 113600, targeting 115800 - 116800; #BTC#
#ETH#
#晒出我的Alpha积分#
#加密市场反弹#
BTC-0.1%
ETH-1.09%
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EightImmortalsCrossTheSeavip
· 08-05 11:30
The support is based on the 114380 moving average

Personal opinion, for reference only:
BTC range 114200-114700, target 116000, 117800
ETH range 3600-3630, target 3730, 3800 #Gate ETH 挖矿年化收益 5%#
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