8.5 Afternoon 🌞 Bitcoin Aunt Market Analysis 🐋
Bitcoin rebounded to around 115100 after hitting a low of 114580 in the early morning.
Ethereum rebounded to around 3732 after hitting a low of 3659 in the early morning.
From a technical perspective, in the short term, Bitcoin maintains a bullish structure, showing a range of 114500 - 115500 in hourly oscillation, with MACD dual lines converging, waiting for a directional choice.
Ethereum's hourly level has stabilized above 3700, with an initial MACD golden cross appearing, support at 3650/3600, and resistance at 3750/3800. Caution is advised if BTC falls below 114500 or ETH loses 3650, as this may trigger a risk of correction. The current market is oscillating with a bullish bias; it is recommended to take profits and stop losses, avoiding chasing prices, and strictly control risks. Approach with a low-buy mindset.
Operation suggestions (for reference only) 👇
Bitcoin may be traded around: 114000- 114800, target: 115900-116800
Ethereum may be traded around: 3680 - 3660, target: 3780 - 3800
