$BTC #主流币轮动上涨 Yunhao August 15 Morning Analysis and Strategy

Market Review

During the midnight period, Bitcoin showed a range-bound oscillation: the price first fell to a low of 117120 before rebounding to a high of 118460, and then faced downward pressure, approaching the morning low of 117267.

Ethereum's performance synchronized with Bitcoin, rebounding to a high of 4575 during midnight before facing downward pressure, with a morning low dipping to 4455 before stopping the decline. The overall market aligns with the midnight forecast, and the coin price has descended to the expected entry range as anticipated and is currently operating in the target direction.

Morning Thoughts

From the one-hour level, after experiencing a round of downward movement, the bulls have initiated a slight rebound, and all moving average indicators are showing upward turning signals. Therefore, the morning operation suggestion is to maintain a primarily long position at a low level.

Trading Suggestions

For Bitcoin, it is recommended to buy in batches within the range of 116800-117900, with a target looking towards the range of 118800-119800.

For Ethereum, it is recommended to buy in batches within the range of 4450-4520, with a target looking towards the range of 4500-4600.