8.20 ETH Setup 　　ETH formed a bullish continuation structure last night, with a volume-backed rally followed by low-volume sideways consolidation. It surged from yesterday’s low of 1905 to 2342 before entering a narrow range at high levels. Trading volume continued to contract during the pullback, indicating that selling pressure from bears is gradually weakening. The broader bullish trend remains intact, so continue to go long with the trend today. 　　Entry range: Go long with a light position around 2245 　　Stop-loss defense: 2200; a break below the 2200 round-number level would confirm a pullback trend 　　First target: Reduce the position near the previous high around 2340 　　Second target: If the previous high is broken, look toward around 2400 　　Ultimate take-profit: A breakout to a new high above 2500 could extend toward $ETH

$ETH 8.20 Morning Bitcoin: Guys! Bitcoin has taken off and broken to a new high! It surged as high as 70450, crushing the previous resistance underfoot—the bulls are showing full force! Although it has pulled back slightly, the 4-hour bullish structure remains solid, with all moving averages acting as support. The overall trend has completely turned strong, so stop clinging to a bearish mindset! The main strategy is to buy the pullback. If the price stabilizes in the 689-691 range, go long directly, with an initial target of 700-702. If it breaks the previous high, continue looking upward toward 708. A stop-loss below 686 will do. Those looking to short can only lightly test an overbought pullback. If it reaches 703-705 and loses momentum, take a small short position, targeting around 695. Take profits and run—don't fight the bullish trend. Remember the key levels: holding above 705 means an accelerated rise, while only breaking below 689 marks the start of a pullback. Follow the trend and don't get the direction wrong!#HYPE暴涨22%逼近历史高点 #Gate股票观点挑战