August 18th Daily Market Overview
Yesterday's consolidation, this morning's volume increased pullback, 4-hour upward momentum weakened.
The daily and weekly charts remain healthy, a new round of upward cycle in the larger timeframe is on the way.
Within the day, a slight pullback followed by consolidation is highly likely.
Key levels: Support at 114000 below, resistance at 118000 above.
Following Bitcoin's pullback, 4-hour momentum is hindered.
The daily chart remains healthy, overall still strong.
Daily expectation: Fluctuation after pullback.
Support at 4200, resistance at 4500.
Altcoin Sector
Overall following the mainstream pullback, the index has slightly retreated, market sentiment is average.
Frequent project activities recently, especially the Alpha points activity, opportunities for profit are constant, don't miss out on these chances.
