8.10 Weekend Analysis

Current Market: After the evening fluctuations of Bitcoin, the market attempts to stabilize. The daily candlestick shows a doji bullish line, with the upper shadow indicating selling pressure. The trend of moving averages remains bullish. After a violent spike on the four-hour chart, a correction occurred. The support at 116500 is strong, and the retracement shows limited volume and strength. The weekend's trading volume is weak, making it hard to extend the pullback. The hourly wave structure shows that the rebound highs and retest lows are synchronously moving up, oscillating upward, leaning towards long positions.

BTC: Buy around 1163—1158 Target at 117500

ETH: Buy around 4200—4170 Target at 4280