Midnight Market Operation Analysis on August 24
From the hourly chart perspective, Bitcoin's MACD, RSI, and KDJ core indicators are all in the neutral zone, not yet releasing clear directional signals. However, the overall trend continues to show a pattern of oscillating upward, with only a relatively moderate pace of increase.
At the same time, the hourly and 4-hour trends of Bitcoin are in sync, with bullish strength showing strong performance, continuously driving the price upward. In terms of subsequent operational strategy, it is recommended to continue adhering to a bullish outlook; to further enhance operational safety, a more prudent approach would be to wait for the price to pull back and stabilize before choosing the right time to enter long positions.
Specific point references:
Bitcoin: A pullback to the 113800-114500 range can be a good opportunity to establish long positions, with a target looking at 115600-116800.
Ethereum: A pullback to the 4650-4700 range can be a good opportunity to establish long positions, with a target looking at 4770-4870.