Waking up, it was already afternoon. The analysis released by Old Wang in the early morning aligned perfectly with the market movements throughout the morning. The entry and exit points for Bitcoin and Ethereum were both precisely captured by Old Wang. It’s just unclear whether any frens were able to follow Old Wang's strategy and make a profit. If you missed it, don’t worry; Old Wang will now analyze how the market trends will unfold moving forward.

From an hourly perspective, although BTC and ETH rebounded in the morning, the effect is average and has not continued much. Currently, the coin prices are running near the middle track of the Bollinger Bands on the hourly chart. From a technical perspective, although there are slight reversal signals and no further decline, the forces are beginning to show up. Overall, both sides are still competing for the market. In the future, Old Wang expects the coin prices to slightly adjust before rising again. The current situation is just as Old Wang mentioned before: the market is in a state of exchanging time for space, waiting for the market to correct itself before the larger trend will quietly emerge.

Operation Suggestions:
Bitcoin 117000-117500, look at 118300
Ethereum 4420-4450 watch, see 4500 #美7月PPI年率高于预期# #以太坊ETF突破300亿美元# #Gate Alpha巅峰交易赛# #美财长贝森特谈比特币储备# #Gate 8月储备金报告出炉#