8.15 Morning Bitcoin Strategy Analysis

In the hourly chart analysis, the price has formed a rebound structure at a low level, showing a step-like recovery pattern. During the pullback process, it did not break below the previous low, constructing a 'higher low' pattern, indicating a weakening of bearish momentum. The pullback period provides a window for the accumulation of bullish strength. At the same time, the candlestick combination shows a positive trend, with an increase in the number of bullish candles and larger bodies, reflecting the enhancement of bullish strength and the improvement of buyer support in the short term.

In the daily chart observation, the previous pullback trend exhibits a clear directional bias, with the price precisely touching the key support level at the middle band of the Bollinger Bands. This area serves as a dividing point for mid-term market bullish and bearish forces, effectively providing support and becoming the core turning point for the market reversal and upward movement. The subsequent rebound has laid a solid foundation for the repair of the short-term market trend.

BTC Recommendation: 117000-117500

Target 119000

ETH Recommendation: 4480-4510

Target 4650

One must act in accordance with the trend, always remain rational, defend properly, and never blindly resist! Wishing all goes smoothly, seize every wave of opportunity, and we will continue to move forward together! #BTC再创新高 #BNB创新高 #以太坊创历史新高倒计时 #机构疯抢以太坊 #ETH突破4600 $BTC $ETH $SOL