Market Analysis for August 9

$BTC is in a weak oscillation with key support at 115500.
$ETH is strengthening, indicating a divergence in capital. The view on Ethereum is that this position is a major fourth wave correction. After the pullback is completed, breaking above 4000 is inevitable. Additionally, currently starting from 1380, it is running in the fifth wave on the 4-hour chart. Using the third wave to measure the fifth wave, the target area is around 4800-4900. This is just a prediction.
Looking at the 15-minute, 30-minute, and 1-hour charts, the price has been running above the 60-period moving average. My trading system goes long on a golden cross in the 5-minute chart, and I hold as long as the 15-minute chart does not break below the 60. Every time it reaches the 60 moving average is a position to add to my holdings! Additionally, currently, in the 4-hour chart, the third wave of the fifth wave is an extended wave! Do not short easily!
Long opportunities are to be taken near the 30-minute and 1-hour 60 moving average on pullbacks! Only consider after the fifth wave structure of the 4-hour chart is completed and there is a clear exhaustion divergence on the 1-hour chart!!! #BTC