$BTC $ETH

8.23 Morning Bitcoin Aunt

Bitcoin Aunt has surged, and Powell has released dovish signals, leading to rising market expectations for a rate cut in September. Continuous macroeconomic benefits are driving Bitcoin to strengthen accordingly. Currently, Bitcoin is still at the end of a descending wedge pattern, with the 1186 level being a key resistance point. If it can successfully break through, the momentum could accelerate, with the possibility of breaking 120,000. Currently, Aunt has reached a new high, attracting a large amount of capital, and 5,000 seems to be within reach.

From the current market perspective, Bitcoin is oscillating around 1170, fluctuating a few hundred points up and down. Generally, after significant market volatility, there tends to be a period of oscillation and stabilization, but Bitcoin does not currently show a trend of correction. Saturday may be suitable for oscillating market conditions.

For Bitcoin, engage in high selling and low buying within the 1163 to 1175 range, with bilateral manipulation. Any breakout by either side could lead to a continuation of the oscillation trend (downward or upward oscillation).

Aunt breaking new highs can lead to a rebound at lower points for light positions. The upper resistance is 4910, and if broken, the upward movement can continue. #杰克逊霍尔会议 #俄乌冲突即将结束？ #加密概念美股普涨