8.22 Morning Silk Road

Suggestions

The large pie can be traded around 112000, with a target looking towards 114000-115000

The second pie can be traded around 4200, with a target of 4350-4500

The current market shows that the large pie is fluctuating below the 124000 level. This level is not only a psychological resistance point near previous highs but also the focus of contention between both sides in the short term.

From the hourly level, the MACD maintains a golden cross state. Although the momentum of the red bars has not significantly increased, the bullish momentum still exists, but one should be cautious of the selling pressure from short-term profit-taking.

This morning's market shows a fluctuating trend in high positions, and the large pie needs to break through 125000 to confirm strength, while Ethereum needs to stabilize above 4250. If the current consolidation phase fails to stabilize at the respective positions, downward pressure will continue. In terms of operations, it is recommended to focus on low trades. #BTC走势分析