Morning Thoughts for Saturday, August 16
Happy weekend! The overnight futures market is stable with small fluctuations. After yesterday's decline, it is now experiencing narrow fluctuations at a low level. The current rebound momentum is gradually weakening, with 118,000 acting as a short-term resistance level. The weekend market is mostly about adjustments; we do not expect a one-sided trend, but rather aim to sell high and buy low around the range.

Intraday reference for short positions at the 118000 - 116500 range, and long positions if the range is broken, followed by further market layo

Market analysis in the early hours of Saturday

In the evening, Ethereum at 4393 and Bitcoin at 116750 hit new lows, with weak trends. In the 4-hour chart, Ethereum has a large bearish candle down to the middle band of the Bollinger Bands, while Bitcoin is at the lower band. In the early morning, pay attention to whether Ethereum can break 4430 again.

The volatility of Bitcoin is small, and as long as the lower edge of the 116000 range is not broken, it should not be counted as a breakdown. If broken, it will test 112000, so keep a close watch on 116000 in the short term. The daily line has

Currently, the Ether short positions energy has been released, and it is expected that there will be no unilateral trend tonight. The lower support level is at 4450; if this level holds, you can go long around this area, targeting 4600.

119000 not broken, directly short, isn't it handsome?
There is such a precise idea to guide you.
If you still haven't eaten meat
You need to think about your own problems.

The market is currently in a sideways adjustment phase, with very little fluctuation in the prices, giving everyone a moment of respite. I wonder how the frens holding trap orders plan to handle it?
I provide free trap solutions. If needed, you can report your holding position or leave a screenshot in the comments.

Ether Market Analysis and Trading Recommendations

Currently, the upward momentum of Ether remains bullish. Even if there is a decline, it has not broken the overall upward structural trend. This decline can be viewed as a repair pattern on the hourly level. Therefore, during the decline, one can actively buy, following the principle of buying small on small dips and buying large on large dips.

Today is Friday. In terms of short-term operations, you can place long positions in the 4560 - 4600 area, initially looking for the price to rise to 4800. Subsequently, Ether price is expected to fur

Friday Bitcoin Afternoon Thoughts

Yesterday, Bitcoin experienced a significant drop, and this morning it rebounded before fluctuating in the 119,000 area. On the 4-hour chart, after 4 consecutive bearish candles, there are now bullish candles, but the short-term rebound strength is weak, remaining between the middle and lower bands of the Bollinger Bands. Although the overall trend is bullish, the MACD and KDJ indicators are turning down, suggesting a potential short-term pullback.

In the afternoon, first look for a pullback, short around 1192 and 1195, targeting the 1180 - 1170 area. If t

SOL trading suggestion: go long around 190, target 202-209