Analysis on Monday, 8.11

Bitcoin broke through 119491 in the morning, showing strong daily performance, and bears are struggling to compete. MACD shows a golden cross above water, with red bars shrinking but bullish momentum is sufficient; the four-hour chart shows a long lower shadow for the bullish candle, and green bars are extending. Both short-term and long-term bulls dominate, and the bullish outlook remains unchanged. Please maintain proper defense.

BTC: Buy around 1189—1185 Target at 120000

ETH: Buy around 4220—4250 Target at 4350