$BTC $ETH

Morning of 8.26

The strong support below Bitcoin is at 108 and 106. This time, the sell-off has broken through 110,000, falling to a new low. The reason for the impact is to be responsible; the possibility of institutional large-scale selling cannot be ruled out.

How the altcoin rose is also how it fell back, breaking through 4400. It seems to have filled the previous gap, with about a hundred points of downward space, likely around 4200. The support below is also at this point. The current market is around 4440, very close to the resistance level at 4360. If it breaks and stabilizes, a significant rebound is expected. Even if this pullback is not as large, it could still see a rise of one or two hundred points, around 4560.

Bitcoin must break above 108 and stabilize above 110,000. Lightly position for a rebound, with resistance placed around 1128.

For the altcoin, rebound around 4330 to 4300, with a target up towards 4560 near #ETH创历史新高 #美联储降息预期 #币安Alpha上新 .