8.22 Morning Market Insights
The market remains choppy, with bulls and bears battling back and forth, and there is a lack of strong directional sense in the short term. Prices are pushed down by bears when they hit resistance levels, and quickly propped up by bulls when they touch support, creating a typical oscillating pattern where chasing orders can easily result in losses.
🔎 Looking at the four-hour level:
BTC has experienced a continuous decline in the past, with bears previously in control;
Recently, there has been a sign of a "negative to positive" change, indicating a possible counterattack by bulls;
However, MACD is still in the negative zone, and downward momentum has not fully released, so short-term pressure remains.
📌 Strategy Reference:
$BTC : Lightly try long positions near 112000, with targets at 113000–114000.
$ETH : Long positions can be considered near 4200, with targets at 4250–4300.
⚠️ Friendly Reminder: In a choppy market, avoid chasing highs and lows, maintain patience, and a light position is a more stable approach.
