The Russia-Ukraine situation is expected to ease, but beware of the market manipulators harvesting from the opposite direction! 8.14 Bitcoin Aunt's Strategy

U.S. President Trump said on Wednesday that if his meeting with Russian President Putin goes well, he hopes to quickly hold a second meeting with Putin and Ukrainian President Zelensky. "If the first one goes smoothly, we will hold the second one soon," Trump said, "I hope to hold it immediately, and if they are willing to have me there, we will hold the second meeting between President Putin, President Zelensky, and myself very soon." Trump did not provide a specific timeline for the second meeting. Trump also stated that if Putin does not agree to stop the war, Russia will face consequences. He did not elaborate on the consequences, but he had previously warned that if no breakthrough is achieved, severe economic sanctions would be implemented. The strategy given yesterday for a pullback to go long completely aligns with the price trend, and although U.S. stocks opened high and then fell, the cryptocurrency price did not retract significantly, mainly due to increased recent capital inflow. Ethereum is approaching its historical high, and Bitcoin has again reached a historical high!

From a technical perspective, the daily Bitcoin chart shows another large bullish candle, Ethereum closed in the green and again above the upper Bollinger band, the Bollinger bands have opened significantly, and the moving average indicators are in a bullish arrangement. Although the technical outlook is bullish, there has been no significant pullback after consecutive new highs, so everyone should be cautious about chasing prices! The resistance levels above to watch are 124000, 125000, and 126000, while the support levels below to watch are 120000, 119000, 118000, 117300, and 116300. For Ethereum, the strong resistance above is around 4780 and 4870, and the support below is around 4600, 4560, 4500, and 4440.

8.14 Bitcoin Trading Strategy: Aggressive traders can enter long positions during the pullback at 120000-120500, while conservative traders can enter at 119000-119500, with a stop loss near 118000, targeting around 121000-122000-123000, and if it breaks, look for 123500-124000. Continue to adjust the stop loss as the situation develops!

8.14 Ethereum Trading Strategy: Aggressive traders can enter long positions during the pullback at 4560-4590, with a stop loss near 4500, targeting around 4650-4700-4750, and adjust the stop loss based on the situation!

Short Position Strategy: Aggressive traders can short Bitcoin on a rebound at 124000-124500, with a stop loss near 125000, targeting around 123000-122000, and if it breaks, look for 121000-120500-120000.

For Ethereum, short on a rebound at 4760-4800, with a stop loss near 4830, targeting around 4700-4680-4650, and if it breaks, look for 4630-4600.

Altcoins are also starting to stir, so everyone should be cautious and not heavily invest when chasing prices to avoid pullbacks!