BTC evening strategy for August 8:



On the 4-hour level for BTC, recent candlesticks show a rising and falling trend, with significant resistance at the 117700 line, while the price is in a state of consolidation. The MACD red bars on the 4-hour level are gradually shortening, and the fast and slow lines are starting to turn downwards at a high position, indicating weakening momentum; on the daily level, there is still a certain amount of bullish momentum, but divergence risks should be noted.

BTC trading suggestions: 117500-117000🈳, target 115600-114600, defense 117700

For reference only, please refer to the stone plate for specifics!
BTC1.71%
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