8.19 Morning Bitcoin Aunt Market Analysis

Looking back at the early hours, Bitcoin showed a volatile upward trend, peaking at 116963 before retreating and stabilizing around 116400; Ethereum fluctuated between 4330 and 4380, currently slightly consolidating at the 4330 level.

From a one-hour perspective, the price is currently between the middle and upper bands, indicating that the market is in a relatively strong range in the short term, but is close to the upper band, which may face some pressure. The MACD value is positive, which is usually seen as a bullish signal, suggesting that bullish momentum has strengthened in the short term. The morning strategy can focus on long positions.

Bitcoin pullback can be around: 115400-114200, target 117200-118200

Ethereum pullback can be around: 4260-4210, target 4400-4480 $BTC $ETH