Deer Star 8.15 Afternoon Thought Analysis and Operation Suggestions



From the hourly Bollinger Bands, the middle band and lower band are still sloping downward, indicating that the short-term downtrend remains unchanged. However, the lower band has started to turn upwards, providing initial support for the price: the channel is narrowing, and the bag mouth is closing, indicating that the short-term battle between bulls and bears is slowing down, and the market volatility is decreasing. In addition, the prices that were previously close to the lower band are gradually moving away from support and approaching the middle band, showing that the bearish momentum has weakened. Overall, the short-term trend has not completely reversed, but the bearish strength is weakening, and the battle between bulls and bears is becoming more subdued.

Operation Suggestions:
The pancake is fluctuating around 117850-118650, aiming towards around 121500;
The concubine is hovering around 4525-4570, with the target looking towards around 4785.
(Personal advice for reference only, everything is based on the actual market!) #BTC再创新高#
DOGE-0.48%
SOL-4.18%
GT0.97%
ETH-3.03%
BTC-1.12%
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