August 5 Bitcoin and Ethereum Operation Suggestions and Direction Sharing
The ebb and flow of the market has always been a furnace for tempering one's character. Every rise and fall of the market is a measure of accumulated wisdom. Don't let momentary gains and losses obscure your vision, and don't let occasional fluctuations disrupt your rhythm. Maintain clarity and make rational choices, and you will eventually realize that the calm and insight hidden in the fluctuations have long paved the way for your journey in the depths of time. Old Zhao's afternoon strategy once again captured 620 space points; if you get on board, your mindset is as steady as a scale weight; while others are cutting losses, you smile and count your chips. This train of wealth is better to be late than to miss it altogether!
Currently, the four-hour level has strongly broken through with a large bullish candlestick pattern, and the intraday decline has been almost completely swallowed, with prices firmly standing above the middle track, and the bullish momentum is beginning to show its edge. The hourly level previously showed three consecutive bullish candles steadily rising, recovering lost ground in a steady and orderly manner. It is currently beginning to pull back, but as long as it does not fall below 114000, it will not affect the strength of the bullish trend. There is a phase resistance at the upper level of 115000, and it is expected that the current pullback is for the purpose of undergoing short-term consolidation before breaking through. Subsequently, in conjunction with the evening's U.S. stock market correlation effect, the bulls are expected to launch a new round of offensive. In terms of operations, it is still recommended to continue the afternoon and evening strategy with a focus on bullish positions,
Bitcoin 114400 to 114000, focus on 115500
Ethereum 3650 to 3630, focus on 3720
