8.14 Early Morning Market Analysis:
The aunt leveraged CPI data last night to surge nearly 400 points, showing a significant upward trend, and altcoins also rose sharply in sync. Our previously laid short positions were repeatedly liquidated, and one must accept when a trade goes wrong; we can grasp opportunities again later.
In the early session, the market peaked at the 4683 level before beginning to pull back, with the current pullback strength being relatively weak. It is essential to pay close attention to the support level at 4560, which was tested multiple times in the early morning; if this level is broken, the market may decline further; if it can form effective support, it is expected to continue challenging the highs.
After the Bitcoin hit the short-term high point of 122500, it faced selling pressure and pulled back. Although the aunt closed with a bearish candle, it has not broken the previous four-hour low, leaving some uncertainty in the market. We need to keep an eye on whether the high can be broken.
Trading Suggestions:
Bitcoin in the range of 121800-122300, targeting down to around 119000-119500.
Aunt in the range of 4730-4760, targeting down to around 4540-4570.
$BTC $ETH #以太坊创历史新高倒计时 #主流币轮动上涨 #ETH突破4600 #山寨币谷歌热度创五年新高 #机构疯抢以太坊
