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#btc The price of BTC has currently reached a high of 117900, while our previous expectation was between 113950 and 117950. Looking back, it has perfectly reached that.
So the current thinking needs to change, BTC could end this rally at any time, MACD shows divergence at various levels, Fibonacci retracement at the 0.618 level, previous dense trading consolidation, including 18 bullish and 18 bearish candles, and a time span of 19 days of price increase.
Now let's review the larger time frame. Here, the significant rise has reached 124474, followed by a sharp decline. This decline was very decisive. I consider the period from August 14 to September 1 as one segment. Currently, the second rebound is also very decisive, mostly within the rising range. I expect the next decline to be very close to 9.8, even 9.5, followed by divergence. After the divergence, there will be a fourth rebound, which should not be too strong, approximately close to the low point on September 1. Then, there will be a mix of divergence and new lows, arriving at our target between 9.5 and 9.35.
Then there was the last upward movement at the weekly level, and this upward momentum is expected to be significant. Everyone, please be patient.
#eth The small-level 二饼 really doesn't want to be traded or analyzed, and I'm not very inclined to short 二饼. I suggest everyone to buy low. 二饼 is currently in a strong upward phase, starting from this range on August 9th, and it has been fluctuating for half a month already. Personally, I don't see 二饼 dropping too deep. It might dip to 3700-3800 to sweep some longs, and then continue the northward march, which is the pattern we can currently observe for 二饼. If we consider it in the same timeframe as 大饼, 二饼 is likely to experience range fluctuations, followed by a reasonable downward dip. Let's patiently wait.