Latest thoughts on the evening of 8/7:
The Bitcoin candlestick pattern shows an upward oscillation in recent days, but has not broken through the previous peak of 118900. A three-day consecutive rise from the 5th to the 7th indicates a gradual increase in the price ratio, showing strengthening bullish momentum. Technical indicators MACD, DIF, and DEA are all in the negative territory, with the MACD histogram being green but shortening, indicating weakening bearish momentum and a tentative rebound from bulls.
Operational suggestions:
Long at 116000-116500, target 117800-118800, stop loss at 115700.
For the second option: Long at 3780-3800, target 3900-3950, stop loss at 3750.
(For reference only, please refer to the actual market!)
