Xu Xu Baby says Coin Analysis for Bitcoin and Ethereum on August 18th Morning

In the morning, Bitcoin price is 117700. The key resistance level is 120000, which has been a resistance level multiple times in the past and is close to the historical high, making market sentiment relatively cautious. The support level is 115000, which is a densely traded area with strong buying pressure. If the price breaks through 120000, it can be pursued for a long position, targeting 125000; if it encounters resistance at 120000 and falls back to around 115000 with support, it can be bought long, with a stop loss set at 114000. Once it falls below 114000, the bearish trend will strengthen, and it is recommended to exit and observe.

In the morning, Ethereum price is 4480. The key resistance level is 4600, where it has faced resistance multiple times in the past, accumulating a large amount of sell orders. The support level is 4300, which is a densely traded area with strong support. If it breaks through 4600, it can be pursued for a long position, targeting 4800; if it fails to break through and falls back, when approaching the 4300 support level, it can be bought long with a light position, with a stop loss placed below 4250. Once it falls below 4250, the short-term trend may turn bearish, and it is recommended to observe first. For friends who do not understand the trend direction, the teacher shares directional strategies every day, so pay more attention! #BTC #BTC走势分析 #ETH #ETH走势分析 #BTC🔥🔥🔥🔥🔥