The market for $BTC never offers regret medicine, only opportunities for those who dare to reach out. Real-time analysis and trading suggestions for Bitcoin and Ethereum on Saturday, August 16th:

Remember: The rebound after a sharp drop is never prepared for by the observers. Now, looking back at the day, Bitcoin experienced a wave of rebound in the morning, reaching a high of 119173, and then faced pressure, falling near the evening to a low of 118590. During this time, the price continued to oscillate within this range, and as midnight approached, it quickly fell to a low of 116750. Ethereum weakened in sync, rebounding above 4600 in the morning, then oscillating around the low of 4605 to the high of 4662. After losing the 4600 level in the evening, it accelerated down to a low of 4392. On Friday, Qianyu provided precise high short and low long strategies, leading students to currently position in Bitcoin operations, successfully locking in over 4600 points of space with three long positions and one short position; Ethereum's movement synchronized with Bitcoin, achieving over 590 points of profit through three long positions and one short position.

From the current market perspective, the hourly RSI entered the oversold zone below 20 when it dropped to 116750, and during the early hours, it showed an upward turn, exiting the oversold area, indicating weakened bearish momentum and initial accumulation of rebound momentum. The MACD indicator's green bars are shortening, and a golden cross trend is forming below the zero line, showing a slowdown in short-term downward pressure and budding bullish strength. Currently, initial resistance focuses on the lower edge of the 118000 daily oscillation range, while Ethereum's initial resistance is seen at 4500. In terms of operations, Qianyu suggests a high short and low long strategy.

Saturday morning strategy:

Go long on Bitcoin around 116500, targeting 118500.

Go long on Ethereum around 4400, targeting 4550.