8.21 Dong Yan's Intraday Thoughts

After the major cryptocurrency reached a new intraday low, it did not continue to decline further, maintaining the bearish trend. A rebound occurred at the hourly level, but after reaching 1145, it began to stagnate and fluctuate. The moving averages have started to turn; if they can form a golden cross moving upwards, then the bullish momentum will continue. For today, we will maintain a bullish outlook while observing any pullbacks.

Major cryptocurrency: 1130-1135 range, target 1158/1168;

Secondary cryptocurrency: 4130-4180 range, target 4400/4450. $BTC $ETH #美联储7月会议纪要