8.23 BTC, ETH Market Analysis
Last night, the market performed as expected with a strong surge:
Bitcoin once surged above 60,000 points, stabilizing above 116,000;
Ethereum followed suit, breaking through the new high of 4,888, with market enthusiasm continuing to heat up.
Overall, the market has completed a full wave of movement, but it remains to be seen whether it will continue to rise or enter a consolidation phase in the coming days. At this time, there is no need to stubbornly chase positions; following the trend is key.
Trading Strategy (for reference only):
BTC: Buy in batches on dips around 116,000, set a proper stop loss, target 117,500 → 120,000;
ETH: Buy in the range of 4,720–4,750, short-term target 4,850, with a long-term view towards 5,000.
Control the pace, strictly defend, and let the market provide the answers.
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