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- 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
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Dare to trade. Dare to win.
8.8 Evening Analysis
Today's Hangzhou sentiment review: The big pie bounced back to 116360 after returning from the line of 117578, entering a small oscillation range. From the one-hour cycle observation, both sides of the struggle are intense, presenting a pattern of alternating yin and yang candlesticks.
The persimmon market generally believes that the intraday Hangzhou situation may stabilize by the end, but considering the characteristics of "Black Friday" in the persimmon market, the probability of larger fluctuations in the evening is relatively high. It is recommended to prioritize observing the release of retracement momentum. After effective confirmation of low support, one can consider placing a buy order.
Suggestion
BTC: Trading around 116000-115200, target 116800-117500, if broken, look for 118500.
Two cakes: around 3860-3835, the target is 3900-3940 to see 4000. #BTC#