Key Indicators (August 4, 16:00 HKT → August 11, 16:00 HKT)
BTC/USD +5.9% ($114,800 → $121,600), ETH/USD +20.6% ($3,550 → $4,280)
Breakout of the upper edge of the flag: Last weekend, BTC strongly broke through the top of the flag pattern, clearly preparing to retest the historical high (ATH). We maintain a bullish view, targeting a range of $125–135k (potentially reaching $140k in extreme cases), and we believe this could be the cycle high for this round of increase. Pullback risk: If the price stagnates and falls back here, it may enter an extended adjustment of the 4th wave, but we expect the $112k support level to remain solid. Once the upward extending pattern is confirmed, we expect actual volatility to rise in the next 3–6 months.
Market Theme
Risk assets rebound: United States