#Solana期货交易量创新高 8.5 Morning Market Overview: BTC Consolidation and Recovery

BTC closed this morning with upper and lower shadow candlesticks and a bullish candlestick, marking two consecutive bullish days on the daily chart; the day might primarily see consolidation and fluctuations upwards.

The volatility of Bitcoin and its market share are starting to decrease, and liquidity is beginning to flow towards ETH; the probability of interest rate cuts in September has reached 95%, suggesting that Bitcoin may consolidate while Ethereum starts to gain momentum, potentially pulling up altcoins to welcome the final reversal into a bullish phase.

Bitcoin is consolidating around 11.5, with a fluctuation range between 11.4-11.52; although there was a spike to 11.56, the candlestick did not break through, rendering all attempts futile; Bitcoin's small volatility limits profit opportunities, so it's best to observe for now; wait for a chance to pull back near 11.4 to enter long positions, with a stop at 11.35 and targets at 11.5 and 11.56; if 11.5 breaks, the room for chasing long positions will be limited, so observe the candlestick trends more closely.

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