August 21st Morning Bitcoin Strategy Analysis

From the current perspective, the market remains in a period of volatile adjustment. The current pullback is more of a technical correction than a trend decline. Although market momentum has not yet significantly strengthened, support levels have gradually emerged. Although the daily chart has previously broken through key support, the current pattern suggests there is still room for correction.

On the hourly chart, the price has fluctuated and then consolidated, with the trend channel gradually narrowing. After a period of consolidation, a rebound occurred. Bullish momentum has significantly strengthened, with the moving averages showing a consistent upward trend. Substantial gains have been achieved in the short term, and signs of a future recovery are becoming increasingly clear. Regarding trading strategies, we recommend buying on dips today.

BTC Recommendation: 113,700-114,000, Target 115,000-115,500

ETH Recommendation: 4,280-4,300, Target 4,400-4,450

Go with the flow, remain rational, and be defensive. Don't blindly resist! I wish you all the best. Let's seize every opportunity and move forward together! #加密市场回调 #币安HODLer空投PLUME #Strategy增持比特币 #山寨季何时到来？ #ETH质押退出动态观察 $BTC $ETH $BNB