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Wednesday night, August 4th, BTC/ETH Silk Share
After the news of a ceasefire in the Middle East, market sentiment clearly improved, with shorts passively triggering stop-losses, leading to a rebound in the market.
From the 4-hour structure, a complete rebound pattern has formed, and the short-term trend is leaning towards bullish. But remember: wait for a pullback before entering, do not chase after rapid upward moves.
Trading suggestions:
Buy long on Bitcoin in the 70,700-71,300 range, target 73,500
Buy long on Ethereum in the 2,200-2,220 range, target 2,350
$BTC $ETH #加密市场回升 #黄金白银走高 #特朗普同意停火两周 #WTI原油暴跌 #BTC突破71000美元