8.12 Tuesday Morning Analysis

Four Hour Level: After a false test of the middle Bollinger Band support, a rebound occurred, showing effective support, and the pullback did not break down effectively, indicating insufficient bearish momentum. Focus on the conversion of long and short at the middle band; if support remains solid, further increases are expected.

One Hour Level: A quick rebound after touching the lower Bollinger Band, reclaiming lost ground, with a long lower shadow on the low K-line, confirming support below. The current range is fluctuating, with no effective breakdown volume, and bulls are dominating in the short term.

BTC: Buy around 1179-1184 Target at 1200

ETH: Buy around 4220-4250 Target at 4350

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