8.25 Early Morning Technical Analysis and Trading Suggestions #BTC #ETH

　　Looking at the 4-hour K-line chart, the current market is in a correction phase after a bullish breakout, and the overall trend still harbors upward potential. In the previous price drop to the 111625 level, bearish momentum once dominated the market. However, a nearly penetrating large bullish candle directly lifted the price from 111625 to around 117000, not only breaking through several resistance moving averages but also violently announcing the temporary end of the bearish trend. The emergence of such a large bullish candle is essentially a signal of concentrated bullish capital entering the market, forcibly reversing the trend, and laying the core tone for the subsequent rebound.

　　After the rise, the price entered a pullback, with the low points consistently holding above the previous consolidation platform. During the pullback, the K-line mainly consisted of small bearish and bullish candles, with volume gradually shrinking, indicating that the bearish selling pressure is nearing exhaustion. The current adjustment is more inclined to the bullish profit-taking consolidation rather than a trend reversal. Structurally, the combination of a large bullish breakout and pullback consolidation has basically taken shape. If the price can close bullish again after the pullback and break through the short-term resistance around 115500, it will initiate a standard bullish rhythm of breakout → pullback → second rise. If it effectively breaks below 114000, caution should be exercised for the risk of a false breakout, at which point the bullish trend may pause.

　　Overall, the foundational trend of the large bullish breakout remains, and the pullback is a process of bullish consolidation. As long as the support holds, the upward expectation has not disappeared, so the main trading strategy remains to buy on the pullback.

　　Trading Suggestions

　　Buy near 114000 for Bitcoin, with the initial target looking at 117000

　　Buy near 4800 for Ether, with the target at 4900