8.14 Morning BTC.ETH Trading View:

From the 4-hour perspective, Bitcoin has recently shown a smooth upward trend. After stabilizing around 118,000, the price entered a fluctuating upward pattern, during which the middle band of the Bollinger Bands provided effective support, helping the price gradually break through key resistance levels, reaching a high of 123,669, demonstrating strong bullish performance.

At the same time, the MACD indicator's momentum continues to strengthen, accumulating power for further upward movement, indicating that bullish momentum is likely to persist. Overall, the short-term upward trend is clear, support is solid, and the bullish structure is complete. If the key support level can be maintained, the upward space is expected to further expand, providing a sustained basis for the bullish market.

In terms of trading strategy, a pullback remains a good entry opportunity:

For Bitcoin, it is recommended to go long around 122,000-122,500, targeting 124,000.

For Ethereum, it is suggested to go long around 4,700-4,740, targeting 4,830.

One should act in accordance with the trend, maintain rationality, strictly ensure defense, and avoid blindly resisting! $BTC $ETH