8.27
BTC
The trend of Bitcoin yesterday was exactly as we discussed, reaching a high of 112300, followed by a pullback. Today, we need to pay attention to whether this four-hour position can form a continuation. In simple terms, as long as it doesn't drop below 111000 during the day, it will oscillate between 111000 and 112300. After the oscillation, it may move upwards. If it breaks below 111000, it may test the bottom again at 109500. Therefore, we watch whichever side it breaks. However, I personally believe that it won't easily rise from this position; even if it stabilizes, it will likely remain in this range for a while. Support is at 109700-108000, and resistance is at 112300-113400.
ETH
Ethereum remains very strong at this position, with the bottom gradually rising above the trend line. The overall strategy remains unchanged: for Ethereum to continue moving upwards from this position, it must have a strong bullish candle to break above 4860 and also repair the divergence in the auxiliary chart. So now we should focus on two positions, 4690 and 4860. As long as these two positions are not broken upwards, we still need to be aware of short-term risks. Support is at 4480-4360, and resistance is at 4616-4690-4860.
SOL
The US stock market's Sharps Technology plans to raise $400 million to establish the world's largest SOL treasury. The market has now entered the third phase, and SOL is currently performing well, so we should pay attention to whether funds will flow into SOL.
