Market Analysis on August 12

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$BTC is oscillating around the 30-minute center, returning to the center again, rebounding for a while in 5 minutes, and continuing to move downward to look for oscillation.
$ETH oscillates around the center for correction
Upward trend on the daily chart
Weekly upward trend
4 hours 1 hour 30 minutes rise to sideways
Focus on the center, look for long positions below the center.
The 1-hour 60 moving average has already retraced twice, and there is a space of 150 dollars for going long.
The 3 4-hour MACD has formed a death cross at a high level and is moving downward, continuing to consolidate. A pullback to the 2-hour 60 moving average cannot be ruled out.
In summary, the current central oscillation is the 8th stroke, usually 9 strokes for an upgrade.
It's just a shakeout during the rise, looking for a low point in the central area to go long.
Shorting should only focus on the 5-minute bearish pattern; otherwise, try not to short Ethereum.
#BTC