8.5 Initial Thoughts Analysis at Noon
Last night, Bitcoin continued to rise to around 115700, but the subsequent bearish pressure was evident, dropping to around 114100. The hourly MACD has remained below the zero line, indicating that bearish momentum is weakening but not reversing to bullish. There is still significant resistance above, and the trend remains bearish. We will first look for a pullback today.
The strategy continues to focus on high selling and low buying unchanged.
Operation Suggestions
Bitcoin: Sell at 114700-115300, target 112000-113000
Ethereum: Sell at 3690-3750, target 3550-3600
