8.17 Weekend Evening Market:

The weekend daytime market rose from around 117100 to oscillate near 118400.

The weekend daytime market rose from around 4395 to oscillate near 4560, currently oscillating near 4540.

From the daily K structure, the upward movement touched the support near the middle track, showing a positive trend. Pay attention to the resistance near 119200 above and the support near 116800 below. On the four-hour level, the upward movement gradually formed an upward crossing at the middle track, while on the hourly level, the upward movement is gradually decreasing in volume.

Evening:

Bitcoin: The price retraced to around 118000-117700, with a target of around 118700-119000.

Ethereum: The price retraced to around 4510-4480, with a target of around 4580-4680. $BTC $ETH