Morning Analysis on August 21
After reaching around 113100 at midnight, Bitcoin's price was pushed up by the bulls to around 114500 and began to fluctuate.
From the trend, the four-hour level shows an increase in bullish momentum accompanied by a doji pattern, with pressure around 114800 above Bitcoin worth noting; although there is a slow upward movement at the hourly level, trading volume is shrinking and a bearish candle has formed, with support around 113700 below needing attention.
Ethereum stopped falling around 4260, with bulls pushing the price up to around 4375, then retracting back to around 4330 to fluctuate.
Trading Suggestions
Bitcoin can be traded around 113500 - 112800, with a target looking towards 114800 - 115600.
Ethereum can be traded around 4230 - 4270, with a target looking towards 4390 - 4450. $BTC $ETH $SOL #加密市场回调