8.18 Midday Analysis
Currently, the 114923 level has become a key node for short-term market contention. When a pullback occurs near this position during the day, a quick stabilization highlights a clear low-level buying strength ↑. This resonates with the previous densely traded area, indicating that the market is showing a strong defensive posture here.
During the stabilization process, volume in suburban areas shows a mild expansion, and there are no signs of panic selling, indicating that market strength is gradually ↓, and the short-term rhythm is starting to tilt toward buyers.
From the four-hour trend perspective, the adjustment structure remains healthy, and conditions for a reversal are basically in place. The adjustment that began from 124545 has formed a standard three-phase pullback (uptrend - pullback - stabilization), which is a normal corrective behavior in the process of trend continuation.
Suggestion:
Large Contract: Buy near 114800-113800, aiming for around 116500
Second Contract: Pay attention to the strong support at 4175, currently around 4256, can short-sell one contract #加密市场回调 $BTC #ETH质押退出动态观察 $ETH