8.13 Daytime Operation View:

The sentiment for Bitcoin was low yesterday during the day, and after a brief rise influenced by positive CPI data in the evening, it once again fell into a narrow range of fluctuations; supported by the strong opening of US stocks, the overall rebound was not as strong as expected by Lao Yang, and it failed to hold the 120,000 mark in the early morning. From the current trend, the one-hour moving average shows signs of turning downward. If a strong breakthrough cannot be achieved today, the operational approach should continue to focus on short positions.

Bitcoin: Short positions can be taken in the range of 12,000-12,050, targeting 11,800/11,700;

Altcoin: Long positions can be taken in the range of 4,520-4,580, targeting 4,700, with the next target at 4,800. $BTC $ETH