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8.4 Morning BTC Technical Analysis & Ideas
In terms of technical analysis, the daily level has completely broken down. Although there is currently a slight upward adjustment, it is not easy to change direction once it is formed. The MACD is showing bearish momentum, and it is expected to slowly test the 110,000 level. In the intraday small level, it may be difficult to find a place to enter around the 8,000 mark. The area around 5,000 is also an important node, continuing to head south.
Pancake operation suggestion: 114800 pump down
Target: 110500