8.4 BTC Evening Thoughts



BTC is oscillating with low volatility in the range of 113600-115600, and the technical analysis clearly indicates a short-term consolidation.

The evening star and the divergence of volume reduction indicate a risk of correction, while technological innovation and capital inflow help to hedge some of the risks.

BTC: Short in the range of 115000-115500, target 114000, looking at 110000 in the long term, strictly with defense.
BTC1.18%
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