8/21 Comprehensive Heatmap Assessment Views:
Although the current technical indicators show signs of strengthening, it does not mean we can blindly optimistic and chase. The short-term trend is at a critical watershed, and the support around 4260 in the morning is temporarily effective, but the upward momentum is obviously below expectations. Key focus will be on tonight's initial U.S. unemployment claims, July's annualized total of existing home sales, and PMI data. If the actual values are generally lower than expected, it will often be interpreted by the market as a signal of economic slowdown, which may provide further directional guidance.
BTC:
Downward support focus: Primary support is around 112900, secondary support is around 112100. If the downward momentum is strong, the key support area is below 111200.
Upward resistance focus: Initial resistance is around 114800, secondary resistance is around 115600. Strong breakthroughs will focus on resistance around 116400.
ETH:
Downward support focus: Primary support is around 4265, secondary support is around 4225. If the downward momentum is strong, the key support area is below 4175.
Upward resistance focus: Initial resistance is around 4330, secondary resistance is around 4385. Strong breakthroughs will focus on resistance around 4425.
The dormant roots silently count the scales of the cold night, waiting for the warm sun to break the ice, awakening the power of vigorous growth, dyeing the wasteland green.
