8.18 Morning Thoughts

Last week, Bitcoin ignited market enthusiasm with a strong surge. After a brief tug-of-war between bulls and bears, it regained momentum from the afternoon to the evening yesterday, performing a slight upward movement.

After the price reached the key resistance level of 1185, it pulled back due to short-term profit-taking, hitting a low of 1172 in the early morning. It then quickly stabilized, confirming that the core pattern of short-term oscillation and upward movement remains unchanged.

At the same time, the Ethereum trend is highly synchronized, currently rebounding smoothly to around 4520. The overall market rhythm is clear; grasping the core logic of "going with the trend" will allow you to keep up with the market's main line.

Operation Recommendations
Bitcoin: Fluctuating in the range of 1165-1170, aiming for around 1190.
Two pancakes: range 4410-4440, target around 4550 #区块链