8.12 Daytime Bitcoin and Ethereum Analysis

Bitcoin's daily candlestick yesterday formed an inverted hammer small bearish line, indicating strong selling pressure above, with the price retreating from around 123100 to below the upper Bollinger band, currently oscillating around the middle band. If it can hold the middle band support, there is still an opportunity for a rebound; however, if the middle band support fails, it may further test the lower band, potentially approaching the 113500 area.

Ethereum has formed small bearish doji stars for two consecutive days, with the upper and middle Bollinger bands maintaining an upward opening pattern. The recent low of 4180 has not been breached, indicating that the short-term bullish structure remains intact, and the price is likely to continue its rebound trend.

Operation Suggestions:

- For Bitcoin, support levels to watch are 118800 and 118000, with rebound targets at 119800, 122000, and 123800. If there are signs of pressure at high levels, consider lightly shorting.

- For Ethereum, support levels to watch are 4220 and 4170, where you can plan low long positions around the support levels, targeting 4290, 4390, and 4530.