$BTC 8.8 Today's Summary and Subsequent Analysis #eth突破4000

Do not fall into despair due to a temporary crash; it may be the darkest moment before dawn. Every trough contains the potential for a rebound, just like the tighter a spring is compressed, the stronger the energy when it bounces back. Those who hold their beliefs and analyze calmly during the downturn often seize the opportunity for the next round of rises.

Bitcoin has not shown any significant fluctuations recently, oscillating back and forth within the range of 116300 to 117200, with an overall relatively stable trend. In contrast, Ethereum has shown much stronger performance—after consolidating and stabilizing around the 3880 position, the price quickly surged upwards, rising more than 120 points in a short time, peaking at 4003, demonstrating strong upward momentum.

From the four-hour chart, after a slight pullback, the downward momentum has weakened, with both bulls and bears locked in a stalemate, and the fluctuation range is also narrowing. However, the Bollinger Bands are showing an upward opening state, with the middle band continuously moving up, indicating that the current adjustment has not disrupted the overall upward trend. Looking at the one-hour chart, the price is showing a stair-step upward movement, gradually approaching the upper band, and the two lines of the MACD indicator are steadily rising above the zero axis, suggesting that bullish strength is continuously gathering and the momentum remains strong. In terms of operations, it is advisable to first observe the strength of the pullback and the performance of the support level, continue to maintain a mindset of buying on dips, and look for suitable entry opportunities once the price stabilizes.

Bitcoin Strategy: Buy around 116000-115500, target 118500

Ethereum Strategy: Buy around 3900, target 4000