8.1 Midnight Summary and Suggestions

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Looking back at Friday's market situation, the price of Bitcoin started to show a downward trend from the early hours, breaking down from the high of around 118500 to around 114000. Uncle Zhang has been focusing on a bullish mindset from the early hours until now, perfectly in line with the downward trend. Leading his partners, Uncle Zhang decisively entered the market, with Bitcoin gaining a total of 8400 points and the altcoin gaining 459 points. As always, those who followed Uncle Zhang's steps have already made a substantial profit. I wonder how many people have been caught or liquidated; it's hard to express.
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In the 4-hour chart of Bitcoin, the K-line has continuously formed long bearish candles. The occasional bullish candles that appear during the downtrend are not only short in body but also fail to break through the short-term moving average resistance with their upper shadows, highlighting the weakness of the bulls. The middle band of the Bollinger Bands is continuously tilting downwards, and the opening is expanding. The price is also oscillating near the lower band, frequently testing around 114,000. Even if there is a brief stabilization, the rebound momentum quickly diminishes. Since no reversal candlestick patterns such as hammer or morning star have appeared during the downtrend, if there is no strong buying power to reverse the trend, it is highly likely that the price will continue to decline along the lower band, potentially breaking below the lower band again and setting new lows, with the technical outlook becoming increasingly bearish.
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suggestion
The big pie is around 115000, targeting around 113000.
The concubine is around 3600, targeting around 3500.
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Bamboo shoots still need to be done well!