8.19 Tuesday Midday Bitcoin Ethereum Market Analysis and Trading Suggestions: Don't underestimate your perseverance. Even if your pace is a bit slow, as long as the direction is correct, each step brings you closer to the desired answer. The effort put in now may not show results immediately, but like a seed planted, it will eventually break ground and grow into what you expect.

From the current market trend's in-depth technical analysis, the 4-hour Candlestick Chart is experiencing a critical Rebound repair phase. After successfully reclaiming some of the lost ground, the price has encountered significant resistance at the middle band of the Bollinger Bands, forming a Doji pattern with a long upper wick. Currently, the price is building a small consolidation platform between the middle band and the lower band of the Bollinger Bands, with Trading Volume gradually shrinking, which is a typical accumulation pattern before a rise. Combining the impending breakout of the consolidation pattern at the 4-hour level and the RSI indicator maintaining in the strong consolidation zone of 45-55, it is expected that after the current chip exchange is completed, long positions are likely to rely on solid support below and launch a new offensive towards the upper middle band of the Bollinger Bands and previous highs.
Bitcoin: Buy around 113800-114300, short-term target near 116000.
Ethereum: Can go long near 4200, short-term target around 4280 #机构以太坊储备破1000万枚# #Strategy放宽股票出售规则# #Gate七月透明度报告发布# #BTC ETF持仓破1530亿美元# #美联储终止新型活动监管#