8.4 Yunhao Evening Silk Road

The afternoon market stabilized and fluctuated within the range of 114100-114700, with bullish incremental signals emerging. The moving average system continues to rise, laying the groundwork for subsequent market support momentum.

From the four-hour level, bullish strength is gradually consolidating and strengthening. Attention should be focused on the breakout situation near the resistance level around 115500; for support, first pay attention to the 113800 line. If this level cannot be maintained, further attention should be given to the secondary support area near 112000, forming a ladder-style defensive layout. The hourly market has already shown a clear upward trend, and short-term rebound momentum is promising.

When Bitcoin retraces to the range of 113500-113000, one can consider placing long positions, targeting the range of 115000-115800 to seize the opportunity of range repair.

Ethereum's pullback to the range of 3530-3500 can be a chance to try a small long position, with the upper target aimed at the range of 3580-3600, following the short-term rebound rhythm.

In the evening, continue to pay attention to the release of bullish volume. After breaking through key resistance levels, one can follow the trend. Stop-loss should strictly refer to the support level for defense, and operate steadily to control risk. $BTC #以太坊ETF连续12周净流入