8.7 Thursday Morning Bitcoin Aunt Analysis Short-term Long

- Weekly Level: After breaking through key levels, prices continue to strengthen, showing ample upward momentum, with no signs of trend reversal yet. The current pattern indicates the market is in the middle of a trend. Last week closed with a large bullish candle, and the bullish outlook is maintained for the latter half of this week.

- Daily Level: After several trading days of consolidation, the bulls have regained control. Early in the week, the price retraced to the 5-day moving average and found effective support, while the 10-day moving average continues its upward trajectory. The medium to short-term upward trend remains unchanged, but caution is advised as changes in momentum could lead to a shift from a one-sided upward movement to a volatile ascending pattern.

Trading Suggestions:

🌱 Go long around 1141-1146 for Bitcoin, targeting around 1169

🌱 Go long around 3630-3650 for Aunt, targeting around 3790

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