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Analysis of thoughts on the morning of 8.21
From the daily chart perspective, the previous bearish trend is now beginning to loosen, with clear signs of a price reversal, and the trend is starting to move upwards. The price is currently steadily following an ascending channel, with the next target being around the middle band of the Bollinger Bands at approximately 116000, and the upward trend may continue in the short term.
For Bitcoin, consider going long between 113500 and 113000, with a target of 115000; for Ethereum, you can also enter a long position between 4300 and 4280, with a target near 4500.