8.15 midday analysis

Looking back at midday, it fluctuated in a narrow range between 117900 and 119000, maintaining an overall sideways consolidation trend.

From the hourly Bollinger Bands perspective, the current middle band and lower band are still maintaining a downward sloping trend, indicating that the short-term downtrend has not yet completely reversed.

However, the lower track has shown signs of a turning upward divergence, forming initial support. At the same time, the channel continues to narrow, and the bag opening is in a converging state, indicating that the short-term fluctuations in the market are tending to stabilize.
Hangqing broadcasting rate has decreased.
Suggestion
Bitcoin: Fluctuating around 118400-117400, with a target around 119800-121800.
The two pancakes can be seen around the range of 4560-4620, with targets around 4700-4780 #以太坊ETF突破300亿美元# .