8.8 Noon Analysis

The morning market in Hangzhou showed a retracement trend, falling from the 117600 level to around 116500, and currently maintaining a range-bound consolidation in this interval. The major Bitcoin previously attempted to break through 118000 but failed, indicating strong resistance above. The hourly volume shows a contraction, and for the afternoon operations, the focus can first be on the retracement rhythm before considering positions. As for the second Bitcoin, it gradually rose to the 3940 position after a previous retracement to 3380, still mainly focusing on the retracement.

Suggestions

Major Bitcoin: Range trading around 116000-115300, target 117200-118500, if broken, look for 119000.

Second Bitcoin: Range trading around 3880-3840, target 3950-3980, further can look towards 4000 around #BTC走势分析 #特朗普允许401(k)投资加密货币 #美联储比特币储备