📅 August 13 BTC & ETH Market Review

BTC: Steadily sitting around 119k, with an intraday high of 120,213 and a low of 118,249. The trend is healthy, with support at 115,400. If it holds, it is expected to challenge 125k–130k. In the short term, it may consolidate a bit before moving.

ETH: The star today, $4,621, daily high $4,674, surged over 8% in a single day, approaching a four-year high! Technically, the EMA is in a bullish arrangement, but the RSI is already at 87, severely overbought, indicating a short-term pullback is needed. Support to watch is between $4,400 and $4,600, and a breakout above $4,760 could lead straight to $4,900-$5,000.

Driving forces: Continuous inflow into ETFs + expectations of a rate cut by the Federal Reserve in September, the liquidity is very strong. ETH ETF saw a record daily inflow, and BTC is also steadily attracting funds.

Summary:
• The short-term risk of ETH is greater than that of BTC; be cautious when chasing highs.
• The medium-term outlook remains bullish, with ETH looking at 4.8-5.2k and BTC looking at 125-130k.
• The macro atmosphere is good, and the pullback is an opportunity, not the end of the world.

📊 Personal strategy: Buy in batches on pullbacks, pursue half of the position on breakouts, and keep some dry powder to guard against reversals.