Xu Xu Baby says Coin Market Analysis on 8.14 Evening
The big coin surged from the low of 120105 to 122197 during the day, then retraced to 120333. Ethereum simultaneously surged to 4735 before retreating to 4615. This pullback seems more like a healthy retracement within a strong upward trend — the retracement is smaller than the rebound strength, not damaging the upward structure.
On the hourly chart, the rapid stabilization after the pullback below the upper Bollinger Band shows the price climbing again. The MACD dual lines maintain an upward extension, and bullish momentum has not weakened due to the pullback. Core thought: Retracement means buying, continuing the strong trend.
- Big Coin: Relying on the support zone of 119000-120500 for low buys, targeting 122600-123500; a breakout would open new space.
- Ethereum: Choose to buy in the range of 4630-4660, targeting 4760-4850; if it breaks strongly, look towards the 5000 integer level.
In operations, avoid chasing after prices; a proper pullback is an opportunity. Go with the trend while relying on support for defense. #ETH #ETH走势分析 #BTC #BTC走势分析 #Strategy增持比特币