Market analysis for the evening of August 11


The midday pancake rose as expected to around 122335 and then fell, currently running near 121200.
From the current hourly level, Bitcoin is moving from the upper band of the Bollinger Bands towards the middle band, the KDJ is moving downwards, and the MACD bullish volume is decreasing.
Evening personal suggestion:
The pancake retraced to around 120700-120200, looking towards around 121800-122700.
Buy when Ethereum pulls back to around 4220-4190, looking towards around 4280-4320.
BTC-1.79%
ETH-1.08%
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