Analysis and Operational Suggestions for Deer Star 8.4 in the Early Morning

From the analysis of the 4-hour K-line trend, the price has recently shown a significant decline followed by a slight upward movement, but the overall downward trend has not changed. The current price is operating between the middle and lower bands of the Bollinger Bands, and the channel is gradually narrowing, indicating that market volatility is becoming calmer, which may lead to a directional breakout in the future.

The MACD indicator shows that the green momentum bars are below the zero axis, but the negative values are continuously decreasing. At the same time, the fast and slow lines are showing signs of a low-level golden cross, indicating a potential technical rebound demand in the short term. Observing the 1-hour level trend, Bitcoin is currently in a consolidation phase after a pullback, with the middle track of the Bollinger Bands and the MACD golden cross forming a support line. If it can effectively stabilize at the middle track and break through the upper edge of the channel, a new round of upward momentum is expected; conversely, if it fails to hold the middle track support, it may further test the strength of the lower track support. In terms of operational strategy, during the night period, focus on placing long positions.

Specific operational suggestions:
The pancake has a long position around 113700, targeting 115000.
There are many concubines near 3470, aiming towards 3580 #加密总市值破4万亿美元# .