This morning, the crypto assets market showed a volatile upward trend. Bitcoin (BTC) rose from 112,600 to 114,200, then pulled back to 113,800. Analyzing the four-hour chart, it is evident that buying pressure is increasing, touching the middle band of the Bollinger Bands, but caution is needed regarding pullback risks. It is advised that traders maintain a cautious strategy during the morning session.



For Bitcoin, attention can be paid to buying opportunities in the range of 113,000-112,500, with the target price above in the range of 114,200-115,000. If it breaks through this range, it may further rise to 117,000.

For Ethereum (ETH), it is recommended to look for buying opportunities around 3,540-3,560, with an upper target price of 3,650-3,680. If this range is broken, the next target may be 3,750.

It is noteworthy that recent IPOs of crypto assets related stocks have been active, and Hong Kong has introduced new regulations for stablecoins. These factors may have an impact on market trends. Investors should closely monitor these macro factors and adjust their trading strategies accordingly.
BTC-0.37%
ETH0.21%
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GasFeeAssassinvip
· 08-08 23:10
Just this wave, why not take advantage of it?
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GateUser-3565dd82vip
· 08-06 13:43
Again talking about useless things, just buying according to the order is correct.
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Frontrunnervip
· 08-06 02:51
It's again the rhythm of Be Played for Suckers.
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SchrodingersFOMOvip
· 08-06 02:50
Long positions players are in place.
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GasFeeCrybabyvip
· 08-06 02:38
Are you starting to talk about BTC again?
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FromMinerToFarmervip
· 08-06 02:36
Bitcoin has become incredibly expensive!
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RugDocDetectivevip
· 08-06 02:31
Stop talking nonsense again, just buy according to the order.
View OriginalReply0
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