8.14 Morning Analysis
From the current perspective, the second coin continues to maintain a strong upward trend. Throughout the day, it has repeatedly surged, not only shattering many expectations but also demonstrating the robust momentum of the bull market.
Currently, the trend in Hangzhou is clearly visible, with continuous upward movement during the day, and the strong momentum has not changed. On the daily chart, relying on the opened upward channel, the weak pullback during the process has further solidified the upward foundation. The trading volume is gradually being released, leading to a consistent upward movement of the moving averages. In terms of trend, the strong momentum has already taken the lead, and the short-term pullback seems more like a buildup for further highs, so there is no need to be overly concerned about minor pullbacks; overall, the focus should be on making gains.
Suggestions
Bitcoin: Buy around 123200-122200, target 124500-125000
Second Coin: Buy around 4700-4670, target looking towards 4780-4850
