8.13 midday market update: ETH leads the rise, BTC is poised to take off.

Good midday, brothers! The market has once again been ignited by the strong rise of Ethereum (ETH), and SOL has also followed suit with a rebound. Currently, only Bitcoin (BTC) remains relatively "low-key", but short-term patterns have already shown bullish signs.
Key Point Overview:
1. Bitcoin (BTC):
Current status: Short-term fluctuations, bulls are building strength.
Key support: 119,300 (intraday strength boundary), 119,000 (short-term bullish defense line).
121,800
Key resistance: 123,300 (breakthrough confirmation for stronger momentum).
Downside risk: If it effectively breaks below 119,000, the short-term trend will weaken, with a target looking down to 118,000. If 118,000 is lost, it will test the support range of 117,000 - 116,500.
Core view: Keep an eye on the 119,000 defense; if it holds, maintain a short bullish outlook.
2. Ethereum (ETH):
Current status: Momentum is strong! A robust breakthrough of the 4500 key resistance, bears are under pressure.
Upside potential: Only a step away from the historical high of 4880 (about +100 points). Once the historical high is broken, the upside space will be completely opened.
4490
Downside risk: A continuous breach of the above support is needed for the market to have the possibility of a deep correction.
Core Viewpoint: Bulls are absolutely dominant, and the risk of going short against the trend is very high. Pay attention to the strength of support; do not easily guess the top until it has effectively broken below.
3. Solana (SOL):
Current status: Following ETH's rise.
230).
183
Trading suggestion: Consider looking for opportunities to go long near the support levels of 183 / 176 during a pullback.
Core viewpoint: Pay attention to the breakthrough of 205 pressure, re-test the support level to layout long positions more safely.
4. BNB:
Current status: inching upward.
Key resistance: 850-860 range (breakthrough will create a new historical high).
820
Operation suggestion: Long positions can consider looking for opportunities near the support around 820 / 800.
Core viewpoint: Near the historical high pressure zone, pull back to support to layout long positions.
Important Reminder:
The above analysis and market points are for reference only. The market changes rapidly, and it is essential to combine it with real-time trends.
Strictly manage your position! #ETH突破$4,600 #ETH突破$4,600