August 19th Market Insights

In the morning, the major cryptocurrency (Bitcoin) followed the script and moved down to the target level, with Bitcoin reaching 1️⃣5️⃣0️⃣0️⃣ points, and the altcoin (Ethereum) at 1️⃣2️⃣0️⃣ points smoothly entering the range. Yesterday, Bitcoin dipped to 1146 and then built a bottom to recover. Looking at the hourly chart, the market has returned to a volatile mode, with frequent spikes up and down. If the early resistance fails to break 1170, it may reverse; if it breaks through, we can look at 1175.

Trading Suggestions:

BTC: Range around 116600 - 117000, target 115000, 114000

ETH: Range around 4330-4490, target 4230, 4160#币安HODLer空投PLUME