8.11 Evening Bitcoin Aunt Market Analysis

In the face of the ups and downs of cryptocurrency prices, some panic while others see opportunities. Looking back at the afternoon performance of Bitcoin, the price rose to a high point of 122335, after which the bears initiated a rebound, bringing the price down to 121020. The Aunt's trend is similar to Bitcoin's; currently, the price has stabilized, and the bulls are still active, so the evening strategy remains bullish.

From the current market perspective, the short-term moving averages show signs of flattening, with prices oscillating around a range without forming a clear trend direction. The MACD indicator fluctuates slightly near the zero line, and the momentum bars are shrinking, indicating that the battle between bulls and bears is becoming cautious. If it can hold above 122000, there may be a continuation of the rebound; conversely, if it falls below the support of 120000, it may further test the strength of previous support levels below. In the evening, it is recommended to focus on low buying before breaking through the previous high of the trend.

Bitcoin can be traded in the range of: 120200-120600, with a target near 122500

Aunt can be traded in the range of: 4170-4200, with a target near 4290-4335 $BTC $ETH