📅 August 13 BTC & ETH Market Review

BTC: Steadily sitting around 119k, with an intraday high of 120,213 and a low of 118,249. The trend is healthy, with support at 115,400. If it holds, it is expected to challenge 125k–130k. It may consolidate for a short period before moving.

ETH: The main character today, $4,621, daily high $4,674, a single-day surge of 8%+, approaching a four-year high! Technically, the EMA is in a bullish arrangement, but the RSI is already at 87, severely overbought, and there is a need for a short-term pullback. Support to watch is between $4,400 and $4,600, and a breakout above $4,760 could lead straight to $4,900-$5,000.

Driving factors: Continuous inflow into ETFs + expectations of a rate cut by the Federal Reserve in September, the funding situation is very strong. ETH ETF recorded a single-day inflow, and BTC is also steadily attracting capital.

Summary:
• The risk of short-term ETH is greater than that of BTC, so be cautious when chasing highs.
• The medium-term outlook remains bullish, ETH is expected to see 4.8-5.2k, BTC is expected to see 125-130k.
• The macro atmosphere is good, and the pullback is an opportunity, not the end of the world.

📊 Personal Strategy: Buy in batches on pullbacks, chase half the position on breakthroughs, and keep some bullets to guard against reversals.