Over the weekend, Bitcoin and Ethereum both underwent corrections. Bitcoin successfully retested the support area around 114,500 yesterday and is currently up 1,000 points, while the article mentioned again that around 114,500 there could be a bounce. Ethereum provided support at 4,630 yesterday, with the lowest retest at 4,660, halting its upward movement at over 100 points.

Currently, whether it’s Bitcoin or Ethereum, both experienced corrections yesterday, and today, after another retest, there is still a chance for a bounce.

Market Analysis for 8-24

Bitcoin is retesting the 114,600-114,100 area for a bounce.

Ethereum is retesting the 4,630-4,600 area for a bounce.

Next week is the last week of August, and it also marks the beginning of September. Short-term traders and trend enthusiasts can seize the opportunity accordingly.

If we cannot change the trend of the market, then we should change our mindset.