8.20 Morning Analysis

The weekly channel has entered a month-long consolidation phase after breaking through the mid-line in the last round. Currently, the price is still operating above the mid-line and daily level, which aligns with the conditions for short-term bullish sentiment, providing fundamental support for bullish operations.

As long as the daily level and weekly mid-line are not broken, the bullish trend is expected to continue. However, the current market has not yet shown characteristics of a one-sided trend, so short-term operations should shift to 4-hour or 1-hour cycles to respond according to the rhythm of the consolidation market.

Operational Suggestions

Bitcoin: Short in the 122500-120000 range, target 125000

Ethereum: Short in the 4050-4020 range, target 4150#加密市场回调 $BTC