8.22 Morning Thought Analysis $BTC $ETH

From the four-hour chart, after a continuous decline, the market is now showing signs of rebounding. Although the strength of the rebound is not strong yet, it is already a positive signal, and there may be opportunities for an upward movement in the future.

After experiencing a V-shaped reversal, although the price ratio is still at a high level, the pullback is just a normal correction. According to the current structure, there is still potential for further highs on the four-hour chart. After a period of consolidation, the lows are gradually rising; now we are waiting for the breakthrough opportunity. The price ratio has now entered a range of fluctuations, and it is still possible to go long at low levels while waiting for the market to further unfold.

Bitcoin trading suggestion: Buy on pullback to around 111850-111960, with a target near 113850.

Ethereum trading suggestion: Buy on pullback to around 4115-4155, with a target near 4325. #杰克逊霍尔会议