Deer Star 8.23 Evening Thought Analysis and Operations

The daily chart shows that a large bullish candle was formed last night, breaking through the previous consolidation range, but today there was a pullback with a bearish candle, indicating weakened upward momentum. The hourly chart shows recent high-level fluctuations, with a tug-of-war between bullish and bearish forces in the short term.

Operation Suggestions:

Bitcoin can be traded around 114500, 115000, with targets looking towards 116000, 117000.

Ethereum can be traded around 4680, 4640, with targets looking towards 4760, 4840.

(Personal views are for reference only, everything is based on actual trading!)

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