August 19 BTC/SOL/ETH Market Analysis: Returning to Fluctuation, Speculating on the Future Bottoming Range
Last night's rebound was reminded by the manager in the community, the 4-hour repair could at most see 116660 here, breaking the top looks at 117200, and last night it also went down from 116800 all the way. This morning, after briefly breaking below the previous low of 114600, it quickly pulled back. First, the daily line has broken below the BOLL middle track, following the logic of fluctuation, if it reaches the lower track later, it can be attempted to bottom out, and if this lower track position coincides with MA120, that would be even better.
The big pie at $BTC quickly spiked to the false breakdown position this morning and rebounded, so the short-term pressure level is at 115550 here. Whether this pressure level can stabilize and break through the upper pressure levels depends on 116300 and 117200. The support below is at 113700 and 113100.
$SOL Today, is there a support at 176? The short-term pressure level is 180.5, still waiting to see if it can stabilize. If it stabilizes, you can try to go long to 182.5. If the smaller 15-minute level breaks below this position again, you can quickly exit the position. The upper pressure is at 184.8, and the lower support is still at 176 and 173.
$ETH E's support today is at 4160 and 4120, and the upper pressure is at 4300. If it stabilizes, it can look up to 4340. The next pressure level above is at 4410.
In summary, the daily chart tells us to return to the fluctuation range. Since it is a fluctuation range, there is no need to overthink it, following the principle of taking a bite and running. The time for shorting has come again. Let's define the bottoming range between the BOLL lower track and the MA120 moving average. The rebound here might just be the final climax of the bull market. (Daily brings you the latest market analysis and precise spike points, long and short are for B friends' reference only, strict stop-loss and take-profit. Manager's exclusive commission is 20% off, invitation code KEZHANG888) #加密市场回调 #俄乌冲突即将结束?