August 15 Market Analysis
Daily Level: The previous pullback accurately touched the middle band support of the Bollinger Bands, which serves as the medium-term bullish-bearish boundary. After confirming the support, the market stopped falling and stabilized, initiating a rebound, forming the basis for short-term trend recovery.
Hourly Level: A low-level rebound structure has formed, the pullback has not broken the previous low, and the lows are gradually rising, indicating weakened bearish momentum. The candlestick pattern is predominantly bullish, with expanding bodies, showing enhanced buying support.
Short-term Focus: Observe whether the rebound can break through the upper boundary of the consolidation range, and combine it with effective volume to assess the likelihood of the market transitioning to a medium-term trend.
Friday Morning Strategy:
1️⃣ BTC 117900–117500 Range Buy, Target 119500
2️⃣ ETH 4510–4480 Range Buy, Target 4650
Continued Focus: SKL XNY AIOT MEME SOL AAVE
