#比特币超话 #以太坊 8 August 3rd Bitcoin and Ethereum Operation Suggestions and Direction Sharing

The cryptocurrency circle is a battleground for ordinary people to reshape their wealth map, regardless of background or age barriers, only the competition of cognition matters. In this realm full of infinite possibilities, as long as one maintains sharp insight, delves deep into technology, and accurately captures market pulses, one can achieve a leap in class amidst the digital wave. Early yesterday morning, Bitcoin slightly rose to a high of 113388 before facing resistance, followed by a quick drop to a low of 111850; Ethereum followed Bitcoin's trend, with prices continuously probing lower from around 3480 until hitting a low of 3368 early in the morning.

From the current market perspective, the four-hour level shows that the market continued to decline after a brief rebound this morning, but after four consecutive bullish candles, it formed a rebound momentum. However, the real body of the bullish candles is relatively small, and there are certain upper shadows, indicating that short-term selling pressure remains above, and the bullish rebound is not strong. Overall, the market is still fluctuating below 114000, and it is still searching for lower support points. From the one-hour level, after experiencing a four consecutive bullish candles pullback, the market formed a downward trend again, with the Bollinger Bands opening downwards and the distance between the upper and lower bands gradually narrowing, indicating a decrease in market volatility, and the market has entered a consolidation phase. If the original downward trend has not changed, it indicates that the downward trend may continue.

Ethereum has a rebound in the range but lacks momentum, and the continuation of the downward pattern has become a conclusion, so the bearish outlook for the midday operation remains unchanged.

Bitcoin short-term can be traded around 113000 to 112700, focusing on 112000.

Ethereum can be traded around 3420 to 3400, focusing on 3750.

It can also be based on short-term fluctuations, with a cautious approach.