8.21 Intraday Market Overview
Yesterday's market was mainly in a consolidation phase, with 4-hour momentum gradually repairing, and the downward momentum significantly weakening, showing a low divergence signal. The daily and weekly structures remain healthy, and a new round of upward cycle is brewing in the long-term.
Support: 112500-113500👉 Resistance: 115000-116000
The trend follows Bitcoin, also in the process of low divergence repair. The daily line has returned to a healthy range, and short-term expectations are for continued consolidation.
Support: 4150-4250👉 Resistance: 4400-4450
Continue to hold light positions in the medium-short term while waiting for signals, do not chase highs.
