$BTC $ETH

8.28 Evening

In the 4-hour chart of Bitcoin, the current price is near the upper Bollinger Band, where speculation is taking place. Although there was a breakdown and pullback earlier, the middle band has played an effective support role, and the rebound was accompanied by good volume. If there is an effective breakthrough of the upper Bollinger Band resistance, it will drive the Bollinger Band to open upwards, thus creating more room for a rebound. In the short term, the support at the middle band below is solid, and the bulls are launching a counterattack from this area, showing preliminary signs of bottoming and rebounding. If the breakthrough of the upper band is confirmed later, there is a possibility of a continuation of the rebound trend. At the same time, attention should be paid to the pullback performance at the key support levels below.

If the price stabilizes above 4570, the upward trend should not be a problem.

Overall, there may be a slight pullback before the U.S. stock market opens, and at that time, a low point can be targeted based on the actual situation.

For Bitcoin, entering the market at a low between 1118 and 1124, with a target upwards around 1139 and 1147.

For the altcoin, entering the market between 4540 and 4570, with a target upwards around 4650 and 4700. #ETH走势分析 #币安钱包TGE