8.24 Morning Trading Strategy
Looking at the Bitcoin 1-hour chart, the MACD, RSI, and KDJ indicators are all stuck in the middle, and it's currently uncertain which direction to take. However, it's evident that the lows are gradually being raised, indicating a clear "slow climb" state. More importantly, both the 1-hour and 4-hour charts lean towards upward movement, and the combination of trading volume and price is still decent, suggesting that buying interest is quietly stepping in. For intraday trading, focus on low positions, and manage stop losses to avoid holding onto losing trades.
Buy Bitcoin around 114500-115000, targeting 116000, and if it breaks, look further down to 118000.
Buy Ether around 4720-4680, targeting 4850, and if it breaks, look further down to 4930.
