Bitcoin and Ethereum Market Analysis on 8.14: BTC, ETH Highlights Today
Market Review
Yesterday, BTC continued to rise, with a healthy 4-hour trend maintaining an upward trajectory. This morning, it broke through historical highs again, with a daily trend remaining healthy. A golden cross has formed on the axis, signaling the start of a new round of growth. The weekly trend remains healthy. Pay attention to fundamental information, the Federal Reserve's interest rate reduction process. The daily expectation is to continue rising, with a new weekly growth cycle starting
The second pie launched an independent market trend, maintaining a healthy 4-hour pattern with volume-driven growth. The upward expectation remains unchanged, with a healthy daily trend. A golden cross has formed on the axis, opening a new round of growth, with a daily expectation of continued
Altcoins are rising in sync with mainstream trends. The altcoin index is experiencing a mild pullback, with market sentiment slightly recovering. Focus on BTC market share, fiat currency buying signals, and judging altoin launch signals. ETH-related coins are heavily influenced by ETH. Penhas seen good good growth with volume breakthrough, can be continued to hold. Recently, Binance activities have been frequent, with ongoing Alpha points activities. Points can be accumulated, and there are many opportunities for rewards
Today's Highlights:
BTC 1-hour and 4-hour levels have entered overbought zones, with daily levels approaching overbought zones. Dailyation to rise, daily support lower at-122000and124000
ETH 1-hour and 4-hour levels have entered overbought zones, with daily levels in overbought zones. Daily expectto with support at 4500-4600 and resistance4900
