8.13 Morning Thoughts and Suggestions

Just as we have tasted the sweetness, it suddenly falls back and takes away part of the gains! The bulls are salivating at the illusion of a 'breakthrough at hand', while the bears are wary of the trap of 'false support'. The volume in the suburbs fluctuates like a drumbeat, turning 'greed' and 'fear' into mush. Remember, the most ruthless tactic of the Bollinger Bands is to first compress the spring to its limit, and then at the moment you choose a direction, either launch your hesitation or shatter your expectations... Now, do you think this spring will burst upwards or collapse downwards?

On the one-hour chart of Bitcoin, the candlestick has rebounded after touching the lower Bollinger Band, and the current price is firmly above the middle Bollinger Band, which shows signs of turning upwards. The price even briefly challenged the upper band, indicating that the bulls' strength is accumulating. The short-term support is effective, and if it can continue to rely on the middle band to push upwards and break through the upper band resistance, it may open up further upward space, with a technical bias showing bullish signals. Set your stop-loss and keep fighting!

Suggestions:

Buy Bitcoin around 119500, target around 121000,

Buy Ethereum around 4560, target around 4660 $BTC #BTC重返12万 $ETH