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- ✈️ Gate Square | Gate Travel Sharing Event is Ongoing!
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8.21 Morning Bit Strategy Analysis
From the current pattern, the market is still in a period of volatile adjustment. The current pullback is more of a technical correction rather than a trend-based decline. Although market momentum has not significantly strengthened yet, the support levels below are gradually becoming apparent. Even though the daily trend has previously broken key support, analysis of the current form still shows room for adjustment.
In the hourly chart, the price has undergone fluctuations and is now consolidating, with the trading channel gradually narrowing. After a period of consolidation, a rebound has occurred. Bullish momentum has significantly strengthened, and the moving averages show a consistent upward trend, achieving substantial gains in the short term, with signs of recovery becoming increasingly apparent in the future. In terms of trading strategy, it is recommended to buy on dips today.
BTC recommendation: 113700-114000 do Target 115000-115500
ETH Recommendation: 4280-4300, Target 4400-4450
We need to follow the trend, always remain rational, defend well, and never blindly resist! Wishing everything goes smoothly, seize every wave of market conditions, and we will continue to move forward together! #加密市场回调#