8.13 Bitcoin Analysis

Within four hours, after a price pullback, it regained ground and climbed to the upper Bollinger Band, maintaining a parallel opening, indicating a stable trend in the market. The KDJ three-line golden cross shows strong control over the upward trend. On the hourly level, after a brief breakout below the lower Bollinger Band, it rebounded strongly. The K-line has a long lower shadow, indicating strong buying support. The KDJ golden cross confirms that the support is effective, stabilizing the market.

Bitcoin: around 119200-118700 for a short position, adding at 118200, aiming for 120200-121000.