8.5 Morning Thoughts
The current moving average rhythm remains oscillatory, and the dual golden cross of Bitcoin appears slightly delayed, but overall it maintains an upward trend. Coupled with the strong close of the U.S. stock market, especially Nvidia leading the rise in the technology sector, market risk appetite continues to warm up.
In terms of operations, mainly follow the trend with low long positions, buying in the 114500 and 115000 areas of Bitcoin, aiming for 116000; if it breaks and stabilizes on the 4-hour chart, then push towards 117000 and 118000.
The second Bitcoin has a faster rhythm, with low long positions near 3670 and 3710, targeting 3760 and 3830; once it breaks and stabilizes on the 4-hour chart, the space from 3900 to 4000 will naturally open up. $BTC $ETH $BNB