8.14 Early Morning Analysis

Tonight's performance, after a strong surge ↑, reached the level of 122200, followed by a brief correction phase, showing signs of a slowdown after the surge.

From the hourly Bollinger Bands perspective, the current opening is significantly widening, forming a strong upward channel that provides support; meanwhile, the lower band continues to decline ↓, and the distance between the upper and lower bands is continuously increasing, indicating that the volatility in the short term is gradually ↑.

Big Pie: Correction around 120800 - 119800, target 122000 - 123200, if broken look at 125000.

Second Pie: Correction around 4640 - 4600, target around 4750 - 4880, if broken look at 5000. #BTC #ETH突破4600