Easy Star 8.19 Morning Thoughts:

From the market perspective, the upper band of the Bollinger Bands on the hourly chart has already turned upward, indicating that there is still some room above the price, but the short-term directional guidance is not strong; meanwhile, the middle and lower bands are still declining, showing that the overall downtrend has not been reversed, and bearish momentum is being released.

However, although the focus is close to the lower band, there are obvious signs of divergence accompanied by a rebound, indicating that the dominance of the bears has weakened, and there may be short-term pullback space, but the trend has not completely reversed.

Operation Suggestions

BTC: Consider long positions when it pulls back to around 1157-1160, with a target towards 1185.

ETH: Arrange long positions when it pulls back to around 4370-4400, with a target towards 4550.

Key Points: Overall, it is still biased towards a downtrend, but there are short-term pullback opportunities, and operations should prioritize defense.