Saturday, August 16th, the latest operational strategy for Bitcoin:

From the current perspective, the recent pullback trend at the daily level is significant. The price has accurately touched the key support area at the middle band of the Bollinger Bands, and has been oscillating repeatedly at this level. Fortunately, the support at the middle band is strong, becoming the core turning point for the shift from decline to increase, solidifying the foundation for the short-term trend recovery and providing a solid basis for future rebounds.

From the 4-hour perspective, the 4-hour level is oscillating and consolidating near the lower band of the Bollinger Bands. As time goes on, the support level below is becoming increasingly resilient, withstanding downward price pressure multiple times, and the rebound momentum is gradually gathering. The trend continues to strengthen, injecting strong momentum into the short-term market recovery. Moving forward, continue to focus on low buying positions.

Bitcoin: 116800 as the first line of defense, with a stop at 116000, aiming for 120000-122000.

Ethereum: 4380 as the first line of defense, with a stop at 4350, aiming for 4500-4580.