Analyst Liang Qiu: On August 10, Bitcoin/Ether weekly big bullish candle, focus on trend swing trading.

Bitcoin/Ethereum's market trend has seen a significant increase this week, especially with Ethereum showing a more pronounced overall rise, climbing from a low of 3489 to a high of 4331, nearly an 840-point gain. The bullish trend is evident, and the pullback strength has been relatively small, with each major surge not showing effective corrections. Currently, Bitcoin has started to follow Ethereum's upward momentum, and the market still needs to pay attention to the resistance at the upper level of 119000 to 120000. The support level has also been repeatedly testing and consolidating near 116000 over the past few days, which coincidentally brings it back to the previous range of 116000 to 120000.

The K-line pattern on the daily level shows a strong upward trend. On the 4-hour level, the recent K-lines present a structure of gradually rising highs and lows. Currently, Ether has experienced some pullback but has also stabilized, indicating that the market is in a clear upward channel. On the technical indicators for the 4-hour period, both DIF and DEA continue to diverge upwards, and the MACD histogram shows increased red momentum, indicating that the bull power is dominant. Including the weekly line, Bitcoin and Ether have once again closed positive. Pay attention to the momentum situation in the hour after the close at eight o'clock tomorrow morning.

Evening operation suggestions: Bitcoin around 117500 to 118000, target 119500 to 12000; Ether around 4140 to 4160, target around 4250. Bitcoin above 119500 to 12000, target at the 117500 line.

[The above analysis and strategy are for reference only; please bear the risks yourself. The article review and publication do not guarantee timeliness; please refer to real-time data for specifics.] #Gate & WLFI USD1 积分计划# #特朗普允许401(k)投资加密货币# #Gate跟单训练营晒单赢$2,000#