$BTC $ETH

Evening of 8.20

From the current perspective, in the four-hour timeframe, the market rebounded after testing the lower Bollinger Band. The KDJ three-line short-term has coincidentally formed a golden cross, providing some upward momentum. However, it is important to note that the Bollinger Band opening is still pointing downwards, the MACD double lines continue to be suppressed below the zero axis, and the green bars are still lengthening, indicating that the overall weak trend has not been reversed.

Switching to the one-hour timeframe, the short-term trend is indeed impressive, continuously closing with bullish candles, rising to the middle track of the Bollinger Band. During this time, the bears attempted to apply pressure, but the strength was insufficient, failing to push the market back down completely. Nevertheless, this rebound still hasn’t allowed the market to truly break free from the downward channel.

In the evening, first, pay attention to how high the rebound can extend, and after the repair is in place, it is still advisable to sell on rallies.

Bitcoin 1140 to 1146 sell, looking down at 1125, around 1118.

Ethereum 4220 to 4250 sell, looking down at 4130, around 4050. #币安HODLer空投PLUME #加密市场回调 #Strategy增持比特币