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Evening Thoughts on 8.12
From the hourly Bollinger Bands perspective, the middle and upper bands have been sloping downwards, indicating that the short-term market is dominated by bears, with strong resistance above; however, the lower band is moving horizontally, suggesting that there is a phase of support around 118100, and the pace of decline has not accelerated further for the time being.
BTC operation idea: pull back near 117580-118050 and look up towards 119650.
Auntie's operation idea: pullback near 4110-4165, looking up around 4325.