Market analysis on the morning of August 14 shows that BTC has slightly pulled back from the morning high of 123,100 USD and is currently fluctuating around 122,900 USD. From a technical perspective, the 1-hour Bollinger Bands continue to run upwards, the KDJ indicator is diverging upwards, and the MACD is also showing an increase in long positions, indicating that there is still upward momentum in the short term. It is recommended to follow two key ranges for BTC: watch for a rebound space at 123,600-124,200 USD above, and pay attention to the support area at 122,600-121,800 USD below; for ETH, it is suggested to layout shorts in the range of 4,770-4,820 USD, targeting the 4,720-4,680 USD range. The overall market currently maintains a slightly bullish pattern, but caution is advised against the risks of high-level fluctuations. Investors are advised to control their positions and set stop losses.

BTC-0.58%
ETH-1.71%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)