8.1 Morning Bitcoin Auntie Market Analysis

Reviewing the midnight precise strike, looking from 119000 down to 116000, with a maximum range of 3000 points! The morning market touched the low point of 116077. Auntie's midnight market synchronized with Bitcoin's movement, dropping from a high point of 3816 all the way down to a low point of 3709. The timeline is very clear, those who are following can see for themselves.

From an hourly perspective, the market has strongly broken below the lower Bollinger Band, and a unidirectional trend has formed, with the market further probing downward. Although there is some support at the psychological level of 116000 below, even if the market rebounds, its strength will not be significant, so blindly bottom-fishing in the morning is not a wise choice; one should follow the trend and approach it with a bearish mindset. Today's Bitcoin mindset remains strongly bearish and can continue to look downward!

Bitcoin can be traded around: 116800-117300, target: 115500-114900 (if broken, continue to look downward) if not broken, then look upward to 117500

Auntie can be traded around: 3750-3780, target: 3650-3600 $BTC $ETH $XRP