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8.14 Morning Bitcoin Strategy Analysis
From the 4-hour level analysis, Bitcoin has shown a smooth upward trend recently. After the price stabilized around 118000, it entered a fluctuating upward pattern. During this process, the middle track of the Bollinger Bands provided effective support, helping the price gradually break through key resistance levels, briefly reaching a high of 123669, demonstrating strong bullish momentum!
In addition, the momentum of the MACD indicator is gradually increasing, accumulating strength for subsequent rises, indicating that bullish momentum will continue. Overall, the upward trend of Bitcoin in the short term is clear, with solid support and an intact bullish structure. If the key support level can be maintained, it is expected to further expand the upward space, providing a sustained basis for the bullish market. In terms of operational strategy, timely entry during pullbacks!
BTC recommendation: 122000-122500, target 124000
ETH recommendation: 4700-4740 range. Target 4830.
Act in accordance with the trend, always maintain rationality, defend well, and never blindly resist! Wishing you all the best, seize every wave of market conditions, we will continue to move forward together! #ETH突破$4700# #CPI数据来袭# #晒出我的Alpha积分# #BTC# #ETH#