8.4 Monday Morning Analysis:

Currently, Bitcoin is in a high-level consolidation phase. The daily candle on Sunday recorded a solid bullish candle, ending the previous streak of bearish candles, and the market has entered a correction period.

From a four-hour perspective, the price shows an almost unilateral bullish trend with a small bearish pullback releasing short-selling pressure. The price has now broken through and stabilized above the middle track, and there are no signs of weakening bullish momentum yet. One can follow the trend and establish long positions at lower levels to extend the current bullish market.

Trading suggestion: Bitcoin retraces to 113800-114200 range, target 115500-116500. $BTC $ETH