8.20 Midnight BTC, ETH Market Analysis
After stabilizing in the early morning, the price of cryptocurrencies fluctuated upwards, with Bitcoin reaching a high of 117,000, then retreating to the 114,300 area for consolidation. In the evening, it climbed to 115,800 before falling back below 114,000, currently operating around 113,700. Ethereum's movement was in sync with Bitcoin, rising above 4,380 before retreating to a low of 4,169, and is now stabilizing around 4,170.
From the current daily structure, the market shows an increase with a lower shadow and a bearish candle. Attention can be paid to around 112,500 below and around 116,500 above.
BTC: Buy on the pullback near 113,000 - 112,400, with a target of around 114,800-115,800;
ETH: Buy on the pullback near 4,130 - 4,090, with a target of around 4,200-4,280.
After stabilizing in the early morning, the price of cryptocurrencies fluctuated upwards, with Bitcoin reaching a high of 117,000, then retreating to the 114,300 area for consolidation. In the evening, it climbed to 115,800 before falling back below 114,000, currently operating around 113,700. Ethereum's movement was in sync with Bitcoin, rising above 4,380 before retreating to a low of 4,169, and is now stabilizing around 4,170.
From the current daily structure, the market shows an increase with a lower shadow and a bearish candle. Attention can be paid to around 112,500 below and around 116,500 above.
BTC: Buy on the pullback near 113,000 - 112,400, with a target of around 114,800-115,800;
ETH: Buy on the pullback near 4,130 - 4,090, with a target of around 4,200-4,280.
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BTC
114,357.93
+0.99%
ETH
4,347.66
+4.97%
