Analysis for Thursday, August 14

The large pancake continues to rise unilaterally in the early morning, breaking through historical highs, with the daily line closing as a strong bullish candle, and market sentiment uniformly bullish.

On the four-hour level, there has been a strong stretch with five consecutive bullish candles, supported by the upper band diverging, with space opening up, and both volume and price rising, indicating a significant bullish trend. On the hourly level, there is a fluctuating upward movement with slight pullbacks, the bearish sentiment is being released steadily, and the bullish momentum is sufficient, with the main strategy being to buy after pullbacks.

BTC: Buy around 1224-1228, targets at 1245 and 1260.

ETH: Buy around 4660-4690, target at 4860.