Analyst Liang Qiu: On 8.15, BTC and ETH bulls and bears took control again. Currently, we continue to see a rise followed by a pullback.

BTC ETH started multiple layouts for a high rebound strategy during the white盘 yesterday. In the early morning video, layouts for 4510 and around 117000 were made during the retracement process, first short and then long, the overall space was very good. Friends who followed the strategy have gained a considerable amount of space. Currently, the market sentiment has rebounded from the bottom again, with BTC ETH rebounding 200 points and a space of 2000 points since last night's early morning low. The trend broke down during yesterday's decline but did not effectively break through again, and it will continue to face pressure and fall.

The K-line pattern at the daily level shows that after rising sharply, the market closed with a large bearish candle and has since pulled back, currently forming a high-level adjustment pattern. At the 4-hour level, the recent K-line has shown a trend of rising and then falling, with the market rebounding after hitting the bottom but still facing resistance, currently in a short-term consolidation phase. In terms of technical indicators, both the DIF and DEA averages at the 4-hour level are gradually declining, and the histogram is showing increasing green bars, indicating that bullish momentum is weakening and bears are dominant.

Operation suggestion for BTC around 119000 to 119500, target near 117300; ETH around 4630 to 4660, target near 4550. #Gate 8月储备金报告出炉# #BTC再创新高# #晒出我的Alpha积分#