8/5 Afternoon View:
Currently, the 4-hour chart indicates that Bitcoin has experienced three consecutive bearish candles followed by three consecutive bullish candles since midnight, reflecting a balance in the power of bulls and bears. The upper resistance level is around 116000, while the lower support level is around 114000. Currently, Hangqing is operating above the middle track, and the Bollinger Bands are opening upwards, indicating that bullish strength is dominant. In the afternoon, operations can continue with the early strategy.
BTC Operation Suggestion: Buy at 113700-114000, target 115400-116400, with a stop loss at 113500
(Hangqing is subject to rapid changes, for reference only!)
