BTC noon analysis!



The current Bitcoin price is fluctuating in the range of $114,600 to $116,500, showing a consolidation trend. In terms of technical indicators, the 4-hour MACD shows a dominant bearish strength but with signs of weakening. The EMA7 and EMA30 moving averages have formed a death cross and are moving downwards. Market sentiment is improving, with the fear and greed index rising by 10 points.

The market expects a probability of 87% for the Federal Reserve to lower interest rates in September, which provides macro-level support for Bitcoin.

In the afternoon, it is mainly low multi around 114700-114100 to go long directly, first looking at 115700 and then 117000. See if friends in the post have their own stop loss, as the market changes rapidly.
BTC4.11%
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