8.21 Amy Morning Analysis

On the daily chart, the bearish pattern of Bitcoin is loosening, showing signs of an upward turn, with initial signals of a trend reversal.

On the four-hour chart, Bitcoin found strong support at the lower Bollinger Band of 112301, presenting a stepwise upward fluctuation. The MACD has a golden cross above the zero line, with bullish energy bars continuing to expand, and momentum accelerating. The price is advancing along the ascending channel, with the upper target pointing to the middle Bollinger Band at 116000, and the short-term upward trend is expected to continue.

Operation Suggestions:

• Bitcoin: Long in the range of 113500-113000, target around 115000 $BTC

• Ethereum: Long in the range of 4300-4280, target around 4500 $ETH