Analysis from the early morning of August 6:

Tonight at 8 PM, "Huang Mao"'s speech triggered a one-sided decline in the market, once again confirming the importance of understanding the market and grasping news to act accordingly.

Looking back at the evening trend, the major asset fluctuated downward from the 115100 level, reaching a low of 112600 before entering a brief consolidation.

The hourly Bollinger bands are opening like a trumpet, signaling an increase in short-term volatility. The middle and lower bands are both turning downward, with the overall channel tilting downwards, and the price is testing the support of the lower band without breaking it.

Operational advice: consider establishing long positions around 112500 for the major asset, with targets of 113700-114500; for the secondary asset, establish positions in the 3530-3460 range, with targets of 3640-3700. $BTC $ETH