Analysis and Operation Suggestions for the Evening of August 14th, Lu Xing



Looking at the Bitcoin market from a four-hour level, after a surge at midnight, it successfully broke through a new high near 124500. The market has been continuously correcting downwards since then, and this pullback has provided ample space. There is some room for a short squeeze, but for friends who are stuck, this is a great opportunity to recover. In the evening, we expect a pullback, looking down to around 120000, and then we will re-enter.

Operation Suggestions:
The big pancake retraced around 120000-120500, aiming towards 122000-123000.
The concubine is pulling back near 4640-4700, targeting around 4750-4800.
Look at the movement situation after the breakout!
BTC-3.8%
ETH-4.55%
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