8.21 Afternoon Thoughts
Four-hour Chart: The price has not stabilized at the middle band of the Bollinger Bands, which are trending downward; the hourly chart shows a death cross, caution against a pullback. However, the bullish momentum on the four-hour chart has not yet weakened, and the moving averages are still below the zero axis.
Operational Suggestions:
• Bitcoin: Buy on a pullback around 112850-113550, target around 115500 $BTC
• Ethereum: Buy on a pullback around 4180-4250, target around 4425 $ETH
• Note: Focus on buying low, set proper stop-losses, do not hold positions against the trend.