August 15 Market Analysis Brief
I. Market Overview
BTC: After breaking through the historical high yesterday, it experienced a volume-backed pullback. The 4-hour and daily structures remain healthy, with the pullback primarily aimed at gap repair. The weekly trend is good, and the long-term upward cycle has begun. In the short term, attention should be paid to changes in trading volume and the Federal Reserve's interest rate cut process. If the volume aligns, an upward trend is expected to continue.
ETH: Maintaining an independent upward trend, with a slight pullback on the 4-hour chart, the trend remains intact; a golden cross has formed on the daily axis, indicating the initiation stage of a new round of upward movement, with a high probability of continuation in the short term.
Altcoin Sector: Overall, there is a slight pullback following mainstream coins, and the altcoin index has limited decline, with market sentiment being weak. It is recommended to closely observe BTC's market share and the entry of fiat currency to assess capital flow. Currently, it may be worth considering a medium-term layout for high market cap varieties, as the low market cap sector has not yet formed a universal surge signal. Pay close attention to the performance of ETH ecosystem coins.
II. Key Coins and On-chain Dynamics
PENDLE: Volume breakout, impressive gains, expected to maintain strength, can continue to hold and observe.
BSC Chain: Frequent recent activities, significant alpha activity, can earn points and profits by participating. Increased on-chain activity may lead to the emergence of hot projects.
III. Primary and Secondary Markets
Secondary Market: Mainstream coins have controllable volatility, with trading activity remaining high.
Primary Market: Increased activity on the BSC chain is worth continuous tracking, with the possibility of gold dog projects emerging.
IV. Key Intraday Ranges
BTC: Support 117000–118000; Resistance 120000–121000
ETH: Support 4450–4550; Resistance 4700–4800
Continuously Focus On: SOL ETH AAVE BTC SKL
