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8-12 BTC morning strategy
The 4-hour level market trend chart shows that after five consecutive bearish candles hit the support level of the upward channel, the market began to turn bullish with an upward trend. Today's outlook is bullish. Pay close attention to the support level at 118300. If it breaks and stabilizes below, exit and observe. If it continues to decline and breaks below 117700, change direction to short.
Operating Recommendations:
Enter long around 118600 Target around 120000