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Event ends: August 9, 16:00 UTC
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8.1 Evening Analysis
Today, after reaching 114060, the Hangzhou sentiment showed a reversal, subsequently entering a narrow range around 115800. Currently, the Bollinger Bands are showing a flat state. Observing from the one-hour cycle, the strength of the long position still dominates. However, the non-farm payroll data at 20:30 tonight is worth paying close attention to. In terms of operation, it is still recommended to focus on long positions.
Suggestion
Bitcoin: Can fluctuate around 115500-116800, with a target near 113200-112000.
Two coins: Around 3650-3685, the target looks down to around 3560-3510. #BTC#