August 24th, Sunday midday BTC/ETH market analysis



The current market rhythm is clear. Observing from the hourly level, the price is in a steadily rising phase; at the 4-hour level, there is a clear bullish arrangement, with volume gradually expanding along with the market, and buying power continues to accumulate, leading to a dominant bullish sentiment.

Operation strategy suggestion

Based on the current market characteristics, continue to adhere to the strategy of buying on dips, with a focus on short-term support areas, and time the entry accordingly.

Specific point reference

- BTC: It is recommended to consider entering a long position at 114500, with a target aimed at 116500,
- ETH: It is recommended to try a light long position near 4720, with a target looking up to 4850.

The midday market continues to show a volatile upward trend. It is essential to strengthen risk control awareness during operations, set reasonable stop-loss points, and avoid unnecessary losses caused by market fluctuations. #Token of Love广场打CALL赢门票#
ETH-4.2%
BTC-3.4%
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