8.13 Yanqu Qiu midday market analysis:

From the hourly level, the market continues to operate in the upper band area of the Bollinger Bands, with the K-line showing a stepwise upward movement, indicating that the bullish force dominates the market rhythm. The three lines of the Bollinger Bands extend upwards in parallel, with the upper band continually rising, the middle band continuously moving up, and the lower band also moving upwards, forming a solid unidirectional bullish trend channel, providing strong support for price increases.

In terms of technical indicators, the golden cross pattern continues to diverge upwards, the momentum bars are solid and expanding, dominating the market. The bullish volume continues to be released, further confirming the current strong and clear bullish trend, with a solid upward momentum.

- Bitcoin: Trade in the range of 119000-118600, target 120000-121000.
- Two cakes: do the do in the range of 4600-4560, target 4710-4760. #ETH突破$4,600#