August 5 Market Analysis

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Yesterday we mentioned that Bitcoin had resistance at 115800, reaching a maximum of 115720 before dropping 📉

ETH also reminded us that after a bottom formation, there would be a 30-minute second buy signal, which is currently in progress

ETH has rebounded strongly, with three daily candles forming a strong bottom formation. Pay attention to a small pullback on the 30-minute chart to indicate a stop in the decline. Continue to go long.

#BTC