Relaxed KOL: Bitcoin Evening Market Analysis on 8.4

Currently, the daily chart for Bitcoin shows that the price quickly rebounded from a low of 112,722.58 on August 1 to a high of 114,799.97 on August 3, followed by a slight pullback. It is currently forming a small oscillation and consolidation trend. The 4-hour K-line displays a continuous alternation of small red and green candles, generally leaning towards sideways consolidation, but still within the high range after the previous significant rise. Both the DIF and DEA are operating below the zero axis, but the histogram is gradually shortening, indicating a weakening of bearish momentum, and it may enter a phase of balance between bulls and bears. The price is currently hovering around EMA7, significantly below EMA30 and EMA120, suggesting a weak short-term trend, while still under pressure in the medium to long term. This evening, it is suggested to go long at high positions.

Operation suggestion: Enter long for Bitcoin around 114800 to 115300, with a target near 112500; for Ethereum, enter long around 3570 to 3600, with a target near 3500. The article has time sensitivity, and the market situation is constantly changing, so friends entering the market should primarily rely on real-time guidance #加密市场反弹 $BTC