BTC Analysis on August 10th Afternoon:

From the daily chart perspective, Bitcoin has entered a correction range after today's rise. If it finds reliable support during the subsequent pullback, the trend may shift to bullish, with a potential target at the 120,000 high.

On the 4-hour chart, it currently shows a strong bullish trend. If the pullback does not break below the 116,700 level, it is advisable to maintain a bullish outlook. On the weekly level, the 120,000 mark is a key resistance level.

Operational Suggestion: Pull back to around 116,800 near #币圈 $BTC