8.25 Afternoon
The overall situation maintained a range-bound downward trend in the morning. The four-hour level shows a downward increase in the K line, with attention on the area around 111600 below. The hourly level shows a three consecutive downward trend in the K line, with attention on the area around 110000 below. The short-term K line's increase is gradually approaching the lower boundary.
Bitcoin can be traded around: 112600-113500, with a target of around 111800-111000.
Ethereum can be traded around: 4725-4750, aiming for around 4630-4550. #btc #ETH $BTC $ETH