8.12 Evening Bitcoin Market Update:
• Midnight Review: Bitcoin fluctuated down to around 118050, while the altcoin showed significant volatility and a stronger trend.
• Technical Analysis: One-hour MACD golden cross continues, bullish momentum is released, moving averages provide support, and there is room for upward movement.
• Trading Suggestions:
◦ Bitcoin: Buy around 117500-118000, target 119000-120000, look for a breakout; if it doesn't meet expectations, consider reverse operations.
◦ Altcoin: Buy around 4210-4250, target 4350-4390, look for a breakout; if upward movement encounters resistance, consider selling around 4350-4390. $ETH
