8.18 Morning Thoughts

Last week, Bitcoin ignited market enthusiasm with a strong surge. After a brief contest between both sides, it accumulated momentum again from the afternoon to evening yesterday, performing a slight upward movement.

The price reached a key resistance level of 1185 but retraced due to short-term profit-taking, dipping to a low of 1172 in the early morning before quickly stabilizing, confirming that the core pattern of short-term oscillation upward remains unchanged.

During the same period, Ethereum's performance was highly synchronized, and it has successfully rebounded to around 4520. The overall market rhythm is clear; grasping the core logic of 'going with the trend' will allow one to keep up with the market's main line.

Operation Suggestions

Bitcoin: Buy in the range of 1165-1170, target around 1190

Ethereum: Buy in the range of 4410-4440, target around 4550 #区块链