Evening trading recommendations and direction sharing for Bitcoin and Ethereum on August 5
True trend traders understand: In a bull market, one does not call a top, but must respect volatility. In the torrent of trends, precise holding determination is far better than frequent adjustments. From the current market, the one-hour level shows that two consecutive bearish candles have triggered a pullback in the short term, but the support strength of the lower Bollinger Band is prominent, and the pullback momentum is gradually diminishing. Although the MACD indicator is temporarily in a high divergence zone, the DIFF line has not fallen below the DEA line, and the green momentum bars show clear signs of shrinking, indicating that the bearish selling pressure is weakening. The short-term adjustment may be preparing for a potential upward attack. If long positions from the afternoon are still held, then the evening trading recommendation continues the afternoon's strategy, focusing on low volatility.
Buy Bitcoin around 114,000, with key attention on 115,500.
Buy Ethereum around 3,620, with key attention on 3,700.
