Market Trend Analysis and Trading Suggestions for BTC/ETH on the Morning of August 6



From a technical structure analysis, on the daily level, the KDJ indicators for BTC and ETH crossed upwards in the middle today, while the MACD shows a fluctuating downward trend; the Bollinger Bands overall exhibit a fluctuating upward movement, which reflects that there is still selling pressure in the market, but also indicates that the strong uptrend of the Bollinger Bands means that the supporting strength below is gradually increasing.

On the 4-hour level, both KDJ and MACD indicators are overall trending towards a fluctuating upward movement. Although short-term bullishness has shown a decrease in volume, the overall indicator situation remains positive; the upper Bollinger Band has currently opened and is continuously moving upward. In summary, it is expected that the short-term coin price will mainly fluctuate upward, and the operation suggests prioritizing buying on dips, with specific reference points as follows:

BTC: You can place long orders in the range of 113000-112500, targeting 114500-115500.
ETH: It is recommended to go long around 3530-3510, with a target of 3700.

The above is my personal morning operation suggestion. Please note that market conditions can change rapidly, and the article may have certain lag. Actual operations should be based on real-time guidance.
BTC1.28%
ETH5.32%
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