(8, 21 Today's Market Analysis Strategy for Bitcoin and Ethereum!) Observing from the four-hour chart, Bitcoin has gained effective support near the lower Bollinger Band at the 112301 point, and the trend has shifted from stabilization to a fluctuating upward movement. From a technical perspective, the MACD indicator has completed a golden cross above the zero axis, and the bullish energy bars show a continuous expansion trend, indicating that short-term market bullish momentum is steadily accumulating. Driven by this momentum, the coin price is currently gradually approaching the middle Bollinger Band at the 116000 mark, with an initial upward trend emerging.

(8, 21 Early Morning Market Analysis Strategy) In the four-hour cycle, a new cross bearish candlestick with prominent long upper and lower shadows has emerged. The upper shadow extends near 114500, clearly exposing the strong selling pressure at this level—evidently, some profit-taking positions have chosen to cash out here; while the lower shadow indicates solid support at the 112500 level, where the bulls have built effective support. Currently, the price is in a consolidation phase below a key resistance level, combined with the uncertainty from news at two in the morning, the safest strategy at this time is to remain on the sidelines and wait for the situation to clarify before making a decision.
Bitcoin $BTC 114600—Short near 115200, target 112000
Ethereum $ETH 4370—Short near 4400, target 4150