Bitcoin and Ethereum 8.13 Morning Market Technical Analysis.

From the one-hour chart of Bitcoin, after a narrow consolidation in the trading channel, it broke downwards, with the price slowly recovering outside the lower band. The overall trend is still bullish, and we can operate with low buys.

From the four-hour chart of Bitcoin, the trading channel continues to form a downward opening state, with the price testing the weak recovery upwards and the bearish volume decreasing in a consolidation pattern. The moving averages show certain signs of divergence, and in the small cycle form, it continues to exhibit weakness, entering a phase of oscillating recovery. ​​​

Personal trading suggestion for Bitcoin: Buy around 119500, with a target of 121000-122000, and if it breaks, continue looking upwards.

Personal trading suggestion for Ethereum: Buy around 4560, with a target of 4660-4760, and if it breaks, continue looking upwards. #ETH突破4400 #机构疯抢以太坊 #CPI数据来袭 #比特币市值超越亚马逊 $BTC