The morning thoughts on BTC and ETH on the 8.6th.

From the one-hour timeframe, the current moving average system shows a bearish divergence pattern, suppressing the rebound space above. The continuous expansion of green bars indicates that bearish momentum is still strengthening. The 114000 level has become a strong resistance area, with prices attempting to break through multiple times without success. The key support below focuses on the previous low point of 112582; if this level is lost, further weakness in the market is not ruled out, potentially initiating a new round of downward movement.

On the four-hour level, although a technical rebound has occurred, it is more inclined towards weak recovery, with bullish momentum clearly insufficient, and volume not keeping up, making the rally lack continuity. At the same time, the price is showing weakness at key resistance levels, with bearish pressure still prevailing, so short-term risks need to be monitored.

Personal suggestion
BTC: Aggressive investors enter at the current price, while conservative investors enter between 113500-114200, with a target looking down at 112500. If it breaks, look at 110000.
ETH aggressive buyers enter at the current price, while conservative buyers enter between 3550-3580, targeting a downside of 3450, and if it breaks below, then looking at 3300.