Thursday, August 21

BTC and ETH Daytime Outlook
Looking at the market, there are both good and bad.
BTC
The bad news is that last night's rebound and closing line still did not meet the ideal expectations. Although there has been some recovery, the strength is still not strong enough. The good news is that the pullback from last night until now has also weakened. After the rebound to 1147 last night, the pullback is only around 1135, so there are signs of a rebound starting to emerge.
During the day, first pay attention to 1132. As long as the US stock market does not break this level on its previous pullback, then use this level as a reference to enter the initial position for upward movement. If the US stock market breaks below 1132 and does not quickly recover, then there is a high probability that the US market will test around 1120. Therefore, use the range of 1132-1124 as a reference for entry. If it breaks below 1120, exit on the rebound, and if it accelerates down to 1118, set a stop loss.

ETH
The rebound strength is much better than that of Bitcoin. Although there was a pullback of over 100 points during the day, it is significantly weaker compared to before. In the daytime, pay attention to 4245 first. If this level is not broken during the pullback, the US market may rebound and test 4400 again. Conversely, if it breaks down and cannot quickly recover, then we will have to wait for around 4165-4060 to enter.

In short, how to navigate during the day and how to enter the US market. I am Yaoyang, friends who like it can give a follow and a like. #BTC# #ETH#