Afternoon of August 29

From the current structure, the overall trend is showing a downward oscillation. The space for downward pull and the points for morning rebound are basically the same. The price of the coin today has made a correction, which is within the normal range and expectations.

This morning, a strategy of high selling and low buying was suggested, so in the short term, we can treat each downward probe as bullish momentum and view it as a secondary level of support. Overall, in the short term, we should approach it with an oscillating mindset.

For Bitcoin, it can oscillate around: 109500 to 111000, with a target of around 112200-113600.

For Ethereum, it can oscillate around: 4460 to 4430, with a target of around 4530-4630.