View on the evening of August 12:



The daily chart of Bitcoin shows a long bullish candle formed on the 10th, followed by two consecutive days of bearish closes, indicating signs of a high-level pullback. In the 4-hour timeframe, the price has repeatedly tested the range without breaking through, and recently there has been a trend of oscillating downward.

Operating Recommendations
Bitcoin: 119000-118700🈳, target 117600-116600, defense 119300

Two cakes: 4330-4300🈳, target 4200-4100, defense 4350
BTC0.72%
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