Morning Analysis for August 15

Yesterday, Bitcoin continued its one-sided downward trend, with a drop of 7000 points, closing with a large bearish candle on the daily chart, indicating an overall bearish market sentiment.

However, from the 1-hour candlestick chart, positive signals have emerged, with a bullish pattern gradually becoming apparent, as the frequency of bullish candles increases. The strategy remains to sell high and buy low.

Bitcoin: Long in the 117000-117500 range, with a target towards 119000-120000

Ethereum: Long in the 4460-4520 range, with a target towards 4600-4700 $BTC $ETH $XRP #BNB创新高 #BTC再创新高 #以太坊创历史新高倒计时 #机构疯抢以太坊