August 28th, Early Morning, BTC/ETH Silk Road

Last night, initial jobless claims data and the revised second-quarter real GDP annualized rate provided slight positive news for US stocks, which briefly dipped before rebounding. Bitcoin retreated approximately 1,000 points in the evening, while Ethereum retreated 100 points. Ether's lack of strength may be due to the recent expiration of a significant amount of ether pledged, resulting in heavy selling pressure from spot traders.

However, the spot ETF market has seen continued net inflows this week, and the overall trend remains supportive. Don't blindly chase the market.

Trading Recommendation: Go long on a pullback

BTC: Go long on a pullback around 111,500-112,000, with a defensive level at 110,500. Target 113,000-113,500. A breakout of this level could target 114,000-115,000. Move your stop-loss after a breakout and respond flexibly. ETH: Buy on a pullback to around 4470-4430, cover near 4430, and defend below 4400. Targets are 4550-4630. Breakout targets 4650-4680. Similarly, move the stop-loss after a breakout.

Please strictly adhere to the #币安HODLer空投DOLO level.