8.20 Market Analysis
For those looking to enter the spot market, this morning was a good opportunity, as the current market price is favorable;
1: Time Dimension, BTC and ETH have pulled back from their peak; the 4-hour chart has already completed 35 candles, which is a time point where a trend reversal is likely to occur;
2: Position, BTC is currently around 113,000, which is close to the weekly lifeline support, and ETH at 4,100 is near the 50% retracement level of the lifeline, both of which are important support levels.
3: USDT.D as a supplementary reference has rebounded 78.6%, approaching the limit of the rebound.
