From the daily chart, after forming a large bearish candle on August 14, the price of Bitcoin has fallen from the high of around 124500 to the current price of around 118200, showing a clear big dump pattern. 1

The recent K-line fluctuations on the hourly chart have been quite severe, overall showing a trend of oscillating downward. The lows are gradually rising, but the rebound strength is limited. The MACD continues to operate below the zero axis, and after the negative value of the histogram expands, it begins to contract, indicating a weakening of bearish strength, but no clear bullish signals have emerged yet.
The daily trading volume significantly increased on August 14 (27485), corresponding to a big dump market, indicating that market sentiment is intensifying in panic.
The hourly trading volume has significantly shrunk during the 6:00 period, with only 310, indicating a strong wait-and-see sentiment in the market, which may lack further momentum in the short term.
Ethereum trading advice: Buy on a pullback near 4500-4510, set a stop loss of 50 points, target around 4600-4610, if it breaks, look for 4650-4670, if it doesn't break, look to short in the 4420-4450 area.