From the 4-hour cycle perspective, the previous price continued its downward trend, dominated by bearish candles, and broke below the middle track, with a minimum drop near the lower track. However, the recent market has welcomed a critical turning point, with a strong bullish candle pulling up, not only breaking through the middle track but also continuing to rise. The short-term trend has clearly shifted from weak to strong, and the bullish strength is gradually accumulating, with sufficient momentum release.
Switching to the 1-hour cycle, the market also releases clear bullish signals, with current bullish momentum maintaining strength, and there are no obvious signs of exhaustion in the short-term upward trend.
Considering the signals from multiple timeframes, the suggested operational approach for Saturday is primarily to focus on long positions. $BTC $ETH #杰克逊霍尔会议