Analysis on the evening of the 8.5th

From the hourly Bollinger Band structure, the current channel shows a significant expansion trend, indicating that market volatility continues to rise, and short-term capital speculation is becoming increasingly intense, with the market entering a heated phase. In the afternoon, prices quickly dipped to the lower band area but immediately rebounded strongly, showing an overall trend of gradually repairing towards the middle band, indicating that the lower band support is effective and the market has temporarily exited the weak range, with short-term prospects for a continued repair trend.

Key attention should be paid to the market sentiment fluctuations triggered by "Trump's speech" at 20:00 this evening, coupled with uncertainties in the news, likely leading to polarization in the market. Preventing spikes and controlling risks will become core operational points; it is essential to strictly adhere to stop-loss discipline and avoid blindly holding on!

Personal suggestion

Bitcoin: enter at 113800-114500, target looking at 117000-118000

Ethereum: enter at 3620-3650, target looking at 3750-3850 #比特币 #ETH🔥🔥🔥🔥🔥🔥