8.1 Friday Afternoon Bitcoin Analysis
The hourly Bollinger Bands are expanding, with all three lines moving downward simultaneously. The current price has stabilized and rebounded near the lower band, with 114200 support being effective. The bullish forces are gradually gathering to launch a counterattack. In the afternoon, a short-term long position can be taken.
Trading Suggestions:
🌱 Go long on Bitcoin near 1143-1141, target around 1166
🌱 Go long on Ethereum near 3600-3580, target around 3740
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