Xu Xu Baby's Market Analysis for BTC and ETH on August 14th Morning (4-Hour Level)
Bitcoin (BTC)
- Core Trend: A clear oscillating upward pattern, with a steady breakthrough after the stop at 118000 relying on the middle track of the Bollinger Bands, confirming strong bullish momentum at the high point of 123669. MACD momentum continues to expand, and the bullish structure remains intact, with a short-term trend leaning towards strength.
- Key Levels: Support at 122000 (confirmation point after the breakout), resistance at 124000 (integer level + extension of previous high point).
- Strategy: Enter long positions on a dip at 122000-122500, with a stop loss below 121500, targeting 124000, and watching for continuation on a breakout.
Ethereum (ETH)
- Core Trend: Following BTC's strength, bullish momentum continues after breaking through 4700, with 4-hour candlesticks showing a staircase-like upward movement, and no significant top divergence signals present.
- Key Levels: Support at 4700 (converted support after the breakout), resistance at 4830 (upper edge of the previous oscillation platform).
- Strategy: Light long positions on a dip at 4700-4740, with a stop loss below 4680, targeting 4830, and looking for further upside after stabilizing.
Core Principle: Enter the market in line with the trend relying on support, avoid chasing highs, and implement strict stop losses to prevent unexpected reversals. #BTC #BTC走势分析 #ETH #ETH走势分析 #Strategy增持比特币