8.5 Evening Analysis
Recently, the performance of Bitcoin has attracted much attention. After a strong rise to 115,000, the market has entered a consolidation phase.
However, it is worth noting that Bitcoin has successfully broken through the one-hour mid-band, which is a crucial signal indicating that its upward potential is considerable.
From the four-hour level, the candlestick shows a turning upward pattern, and the momentum remains strong, suggesting that the market's strength is still robust. At eight o'clock tonight, the speech by the old expert is highly anticipated, and his remarks may significantly impact market sentiment.
Suggestions
Bitcoin: Consolidate around 114,400-113,800, targeting 115,200-116,000
Altcoin: Consolidate around 3,640-3,610, targeting 3,690-3,720
