Yesterday we mentioned that ETH would go to 4666, which just completed the target. We talked about BTC reaching 114000, and yesterday's low went down to 114500, all according to the established direction.
We also mentioned that it belongs to a sideways market these two days, and the fluctuations have significantly decreased. From a technical perspective, it is expected that ETH will start to change direction around 20:30 tonight. So will it be an upward or downward trend?
Today's market (1 day)
BTC current price: 115040, watch 114000, resistance 115700
ETH current price: 4773, watch 4666, resistance 4800
Today's range has narrowed a lot, indicating that this is the rhythm for a change.
End of month market: ETH aiming for 5000, BTC aiming for 128888, expected to complete by the end of the month.
Early September market: Early September to around September 20, ETH is expected to drop to around 3500, and BTC to around 100000. (This point is awaiting confirmation on the specific timing for ETH to complete, just having this expectation)
Medium to long-term market: BTC aiming for 138888, ETH aiming for 5500, expected to be achieved around October 15.
Long-term market: ETH aiming for 8888, BTC aiming for 148000, expected to complete by the end of December.
Today ETH is expected to test the 4700 position.
BTC has not firmly established above 116666, the dividing line between bullish and bearish, so it is highly likely to also test the 115000 position.
