8.12 Tuesday Morning Bitcoin Analysis

On the 4-hour chart, the moving averages are oscillating near the critical support level of 118000, which may suppress the downward space in the short term. If this level is lost, the price may further explore lower support.

Operation suggestions:

🌱 For Bitcoin, trade around 1189-1194 with a target of around 1166

🌱 For Ethereum, trade around 4240-4260 with a target of around 4100

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