Market Analysis of Bit and Ether on the Morning of August 22
Looking back at the market in the early morning, Bit stopped its decline after pulling back to around the 112000 level, without showing any continued downturn, and then rebounded slightly by a few hundred points. Ether mainly fluctuated, reaching a high of around 4273.
From the four-hour level, after a series of continuous bearish candles slowly descending, the K-line has turned from bearish to bullish. Although the current rebound strength is relatively slow, this is already a positive signal, and the K-line shows signs of turning a
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