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Morning analysis on 8.14
From the current perspective, the second contract continues its strong upward trend. Throughout the day, it has made multiple strong upward movements, not only shattering many expectations but also thoroughly showcasing the robust momentum of the bull market.
The current trend in Hangqing is clearly visible, with consecutive daily gains pushing upward, and the strong momentum of the lead has not changed. On the daily chart, relying on the opened running channel continues to rise, accompanied by weak pullbacks that further solidify the foundation. The volume of the lead is gradually releasing, driving the moving averages to form a consistent upward trend. Overall, the lead has already taken the dominant position, and short-term pullbacks seem more like a preparation for further gains. There is no need to overly focus on minor pullbacks; the overall strategy should be to take positions in the lead.
suggestion
BTC: around 123200-122200, target around 124500-125000
The two pancakes are around 4700-4670, aiming towards 4780-4850 near #CPI数据来袭 #ETH突破$4700 #比特币市值超越亚马逊 .