Morning Analysis and Trading Suggestions on August 23

1. Market Pattern Judgment

The current core logic of the market is that Ethereum is strongly leading the overall trend, with a clear upward momentum and adequate energy; Bitcoin is following suit and has officially started a new round of ascending market. In the short term, the market is dominated by bullish sentiment, with strong trend certainty.

2. Specific Trading Suggestions

• Trading Direction: Maintain a bullish mindset, in line with the rising trend of mainstream cryptocurrencies.

• Entry Range: It is recommended to build positions in batches within the range of 115500-116000 (long positions), with lower prices within the range providing higher safety for position building.

• Risk Control: Strictly set stop-loss below 115200 to effectively avoid sudden risks from trend reversals.

• Target Levels: Profit targets are set in phases at 118000 and 120000; if key resistance levels are broken, further upward movement towards around 122000 can be anticipated. #ETH创历史新高 #BNB创新高