8.14 Pipe Extension Morning Thoughts:
In the four-hour timeframe, the channel is in an open state. After competing in the mid-track area, the price rises and slightly breaks above the upper track. Bullish volume is increasing, and after the moving averages rise, there are signs of turning back with meandering. The lower timeframe shows a need for consolidation and accumulation. From the hourly perspective, Bitcoin is oscillating upward with slight pullbacks, and the bearish sentiment has not fully released, while short-term gains are facing resistance. Overall, there is still a certain demand
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