8.12 Yanchou midday market analysis



The morning market fluctuated in the range of 118500-119200, maintaining a strong overall trend. Although there was a slight pullback during the trading session, the upward channel remains intact, and it is not advisable to recklessly attempt short positions during the low phase.

Specific strategy suggestions:

- Bitcoin: Consider placing long positions in the range of 117900-118500, with an initial target of 119400-120400. If it breaks through, we can look further up to 122000.
- Erbing: It is recommended to go long around 4210-4270, with a short-term target of 4340-4390. After breaking through this range, it can be expected to reach 4480. #BTC重返12万#
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