BTC/ETH Market Analysis on Early Morning of August 29

Currently, BTC is fluctuating around the 112000 mark, with signs of stabilization gradually emerging. From a technical perspective, on the four-hour chart, after a sharp dip below 110000, the price has steadily risen with small gains. Although bullish momentum seems temporarily weak, the bottom is showing a gradually rising trend; short-term rebound momentum is expected to continue.

Operational advice focuses on low buying:

BTC: It is recommended to establish long positions in the range of 111800-112200, with a target of 113500-114000.

ETH: It is recommended to establish long positions in the range of 4450-4500, with a target of 4600-4650 $BTC $ETH