BTC/ETH Market Analysis on August 21

During the day, Bitcoin frequently touched 114,000 before retreating, and high-selling strategies have gained profits multiple times. After the US stock market opened, it first dipped before rebounding, currently around the price level of 114,400.

From the perspective of the market, the four-hour level is within the lower Bollinger Band, the bullish candle has risen but has a long upper shadow and significant selling pressure. The price has encountered resistance at the middle band and has not recovered from the previous decline, with the rebound being a correction; the one-hour level is approaching the upper Bollinger Band, with a long upper shadow and insufficient momentum. Midnight operations should focus on the rebound.

Operations:

Bitcoin: Around 114,400 - 115,000, watching for 113,000 - 111,800

Ethereum: Around 4,340 - 4,400, watching for 4,200 - 4,080 #币安HODLer空投PLUME