8.11 Morning Bitcoin Market Analysis:

The chart shows that the MACD histogram continues to be negative but is gradually shortening, indicating that bearish strength is slowly fading. However, the overall trend remains unclear. Technical indicators suggest that there may be a pullback to gather strength in the evening, followed by a brewing rebound opportunity during market adjustments.

In terms of operations, it is recommended to set up long positions in the range of 117400-118000, with targets looking towards the key levels of 119000-120000 and 121000. $BTC $ETH #ETH走势分析