8.21 Early Morning Silk Road
Current hourly momentum remains strong, and the four-hour KDJ golden cross pattern is stable. The trading strategy in the early morning suggests continuing with the momentum strategy. Those who previously entered long positions at the low of 112500 can continue to hold. Going forward, the focus will still be on low momentum, and strict stop-loss measures should be adhered to; avoid blindly resisting losses.
For Bitcoin, it is expected to return to the range of 112500-13000, looking towards 115000-115500, and if it breaks, the next target is 116200.
For Ethereum, it is expected to return to the range of 4230-4260, looking towards 4340-4360, and if it breaks, the next target is 4480.
