8.6 Wednesday Evening Bitcoin Analysis Long

From the hourly Bollinger Bands indicator, it can be observed that the three lines are clearly narrowing, indicating a decrease in short-term market volatility. The balance of bullish and bearish forces suggests that the market is about to choose a new direction. The Bitcoin price is steadily operating between the middle and upper bands, maintaining a gentle upward trend, indicating that the middle band serves as key short-term support. Therefore, it is recommended to focus on buying on dips at this time.

Trading Suggestions:

🌱 Long near Bitcoin 1133-1138, target around 1161

🌱 Long near Ethereum 3560-3580, target around 3720

$BTC $ETH #ETH巨鲸增持 #加密股IPO季 #香港稳定币新规 #Solana期货交易量创新高 #加密市场回调