8.4 Bitcoin, Aunty's Operational Suggestions

Bitcoin and Aunty's daily adjustments have concluded, a short-term bottom has been established, showing a trend of oscillating upward rebound.

The four-hour chart shows that after a continuous series of positive closes, the price has slightly slowed down, successfully breaking through and stabilizing at the middle Bollinger band. The short-term technical outlook is leaning towards bullish, but a strong unilateral pattern has not yet formed, and there is still a need for pullbacks during the upward process.

After the Bitcoin four-hour level hit a low of 111,850, a small V-shaped reversal was completed: if today it can effectively break through the previous resistance level (the starting point of the decline), the upward trend will be further consolidated; otherwise, it may enter a strong oscillating trend, presenting a rhythm of "advance two, retreat one."

It is recommended to buy Bitcoin in the range of 113,800-114,200, targeting 115,300-115,600, with a stop loss reference below 113,200.

It is recommended to buy Aunty in the range of 3,480-3,520, targeting 3,580-3,610, with a stop loss reference below 3,450. $BTC $ETH