Morning Analysis on 8.18

After a spike, Bitcoin experienced a technical pullback, briefly dipping to around 116700. Subsequently, the market gradually stabilized, and the focus steadily rose. The pullback triggered by short-term resistance was limited and did not shake the foundation of the overall upward trend.

After the adjustments and consolidations over the weekend, the price has regained its footing, and the overall trend has returned to a bullish channel.

Trading Suggestions

Bitcoin: Buy around 115500, target 117000

Ethereum: Buy around 4325, target 4450#美联储取消创新活动监管计划 #BitDigital转型 $BTC