8/18 Comprehensive Heatmap Analysis:
After a significant pullback, the low has reached around 4300. Currently, bearish sentiment is strong, and the downtrend continues. However, from a technical perspective, there is some demand for a rebound after the overselling. It may be worth considering a light position to lay out long orders to capture the opportunity for recovery.
BTC:
Downward support to watch: The primary support is around 114800, with secondary support around 113500. If the downward momentum is strong, the key support area is below 112200.
Upward resistance to watch: The initial resistance is around 116200, with secondary resistance around 117200. A strong breakout would focus on resistance around 118800.
ETH:
Downward support to watch: The primary support is around 4280, with secondary support around 4235. If the downward momentum is strong, the key support area is below 4190.
Upward resistance to watch: The initial resistance is around 4370, with secondary resistance around 4415. A strong breakout would focus on resistance around 4460.
Thinking is a problem, doing is the answer. Action is the best declaration!
