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August 11 – 20, 2025
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10.1 National Day Wealth Silk Road Analysis Suggestions:
In the four-hour chart period, the Bollinger Bands are showing signs of widening, accompanied by several consecutive bearish candles on the Candlestick Chart. Although the price once penetrated the lower boundary, it did not trigger a violent market turmoil, but chose to move slowly along the lower boundary. This behavior indicates that the price encountered strong support near 63000, making it difficult to continue probing downward.
Focusing on the short-term trend, we should pay close attention to the performance of the support range from 62500 to 63000, as long as the price does not effectively break through the bottom of this range, the operation can be mainly conservative.
Operation suggestion:
BTC: 63000-63300 nearby, the target is to see 64000-64500. ETH can be carried out simultaneously.
#BTC# #ETH#