The fluctuations in the cryptocurrency market are like the waves in a turbulent sea, making people feel anxious. However, its charm lies in the fact that it never looks at your past report card. Stop saying "I'll enter the market when it stabilizes"; opportunities in the crypto world never lie in "stability." The real dividends always belong to those who dare to position themselves amid uncertainty. Market volatility is not a risk; not understanding the trend is the biggest risk.
Bitcoin broke through $124,500 on August 14, setting a historical record. It has risen 33% since the beginning of the year, with technical analysis confirming a weekly "bullish flag" breakout, targeting $150,000 - $200,000.
From a technical perspective, Bitcoin's weekly breakout is accelerating, the daily Bollinger Bands are trending upwards, MACD continues to expand, and KDJ shows a golden cross at a high level, with bulls absolutely dominating. The daily candlestick chart is near the upper Bollinger Band, and MACD shows a golden cross upwards, with red column momentum beginning to release. Today's pullback is expected to build momentum for the next upward surge.
Long position operation range suggestion: Accumulate long positions in the $120,500 - $121,000 range, with a stop loss at $119,000 - $119,500, targeting $124,000 → $130,000.
Short position operation range suggestion: Avoid counter-trend shorting until a clear reversal signal appears, and pay attention to the resistance area around $125,000 for signs of stagnation.
Ethereum reached a high of $4,794 on August 14, just a step away from its historical high of $4,877 in 2021. Since April, it has risen over 200%, currently outperforming Bitcoin. The upper resistance level to watch is the historical high of $4,877; if it breaks through effectively, it may trigger a FOMO-driven acceleration to $5,000 - $7,500.
From a technical perspective, the daily chart currently shows MACD in a high-level golden cross state, with bullish momentum not yet fully released. On the four-hour chart, although KDJ shows a bearish trend in the overbought area, the bearish momentum is clearly insufficient. A pullback may occur in the short term, but the space should not be too large. On the hourly chart, the candlestick has been operating between the middle and upper Bollinger Bands since yesterday, showing no signs of downward movement, with multiple upward breakouts indicating strong bullish signals.
Long position operation range suggestion: Short-term speculation in the $4,660 - $4,700 range, with a stop loss at $4,630 - $4,650, targeting $4,750 → $4,800.
Short position operation range suggestion: If the price encounters resistance and falls near $4,875 - $4,850, a light short position can be attempted, with a stop loss at $4,900, targeting $4,700 - $4,680.
Currently, the bullish trend for Bitcoin remains unchanged, with support at $120,500. A breakthrough at $125,000 will open up new upward space. Ethereum focuses on the historical resistance at $4,877; if it stabilizes, it will open up space above $5,000. The operation suggestion is to primarily take low long positions in line with the trend, strictly set stop losses, and avoid chasing high prices.
Due to the timeliness of price points, there may be delays in post reviews; specific operations should be based on real-time market conditions. The above operation range analysis is for reference only; the cryptocurrency market is highly risky, so please make cautious decisions when investing. If you are interested in specific indicator analysis or the impact of new market dynamics on prices, feel free to scan the QR code for the public account in the article below. You are welcome to visit.
Warm reminder: The content of the above article is original by the author, and the advertisements at the end of the article and in the comments section are unrelated to the author. Please be cautious!
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
