8.20 Early Morning Bitcoin and Ethereum Analysis

Bitcoin reached a high and then retraced at 111800, which has become a key support level. If it holds, bulls may target 115000-116000; if it breaks, look for 108000. Currently, the market is oscillating with a bullish bias, and maintaining support is crucial.

Ethereum's first bullish target is 4080-4150, with left-side liquidity already swept. If it stabilizes, look for 4300-4350; if support fails, look to the next range, which is strongly correlated with Bitcoin.

Trading Recommendation: Buy Bitcoin in the range of 111800-112500, targeting 114000.

For Ethereum, it is recommended to buy in the range of 4080-4150, targeting 4260. If it breaks above, look for $BTC $ETH $XRP #加密市场回调 #俄乌冲突即将结束？ #Strategy增持比特币 .