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Analysis on the afternoon of August 9:
The second contract presented a strong upward trend at noon today, once surging to 4214, and currently slightly retreating to around 4159. From the performance of the retreat, the downward momentum is relatively limited, which is a normal technical adjustment after breaking through key levels. Such short-term retreats usually serve to build up momentum for further upward movement. Overall, the trend characteristics of the market still remain quite obvious.
Since yesterday, Bitcoin has shown relatively weak performance, failing to effectively break through the resistance level of 1170. Overall, it remains in a range-bound consolidation area, with insufficient upward momentum.
Suggestion
Bitcoin: Fluctuates near 116300-115800, target around 117000-117500.
Er Bing: Hovering around 4155-4135, the target is first to look at breaking the previous high of 4210 and then aiming for around 4280. #特朗普允许401(k)投资加密货币# #BTC#