BTC has two consecutive bullish candles seeking to break above, but it is still in a bearish oscillation within the daily descending channel, with previous bottoming actions being rejected; on the one-hour chart, the MACD appears slightly fatigued, showing a mild pullback; for intraday operations, it is better to be cautious, still focusing on high points. Suggestion: After rebounding to around 111700-112500, the first target is 109800; if it breaks, continue to look down towards around 107500. #Gate 新上线 WLFI #
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September 3rd BTC
BTC has two consecutive bullish candles seeking to break above, but it is still in a bearish oscillation within the daily descending channel, with previous bottoming actions being rejected; on the one-hour chart, the MACD appears slightly fatigued, showing a mild pullback; for intraday operations, it is better to be cautious, still focusing on high points.
Suggestion: After rebounding to around 111700-112500, the first target is 109800; if it breaks, continue to look down towards around 107500. #Gate 新上线 WLFI #