8.14 Evening Bitcoin Auntie's Market Analysis
Bitcoin faced resistance after a midnight surge and has been continuously retreating. In the afternoon, market momentum has settled, and the price action is in a range-bound state.
From the four-hour perspective of Bitcoin's market, after a surge at midnight, it successfully broke new highs near 124500. However, the price has been continuously retreating, and this pullback has provided ample space. There is a certain potential for a trap, but for those who are stuck, it presents a good opportunity to recover losses. For the evening layout, we look for a pullback near 120000, then we will buy more.
Bitcoin Pullback: Buy near 120000, target 121500-122500, if broken, look for 123000-124000-124500, continue to monitor for further breakouts!
Auntie's Pullback: Buy near 4640-4700, stable entry at 4620-4650, target 4750-4780-4800, if broken, look for 4850-4880, continue to monitor for further breakouts!