Early Morning Analysis

The technical outlook for Bitcoin at midnight shows positive signals, with the MACD indicator forming a golden cross, releasing a strong bullish signal. The strength of the bulls continues to accumulate, and upward momentum is poised to take off.

The support side shows solid performance, successfully halting the previous decline around 116800, highlighting the defensive strength of the bulls and laying a solid foundation for upward movement.

The operation suggestion is to set up long positions in the range of 116200-116700, with a target of 119000. $BTC #美国7月PPI年率高于预期 #加密市场回调