🎉【Gate Singapore Flagship Event · Square Fun Quiz Challenge Day 1】
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📖 Day 1 · Quiz (Single Choic
Xiaoyao KOL: BTC Ether Afternoon Market Analysis 8.26
BTC's current daily level shows a consecutive number of bearish candles over several days, with the price rapidly falling from 116935.99 to 109789.96, indicating a clear downward trend. In the 4-hour cycle, there has been a small consolidation after significant fluctuations recently, with the current candlestick having a small body, reflecting a cautious market sentiment. In the MACD on the 4-hour cycle, both DIF and DEA are below the zero axis and continue to diverge downward, indicating that bearish forces are dominant. However, the green bars are shortening, showing signs of weakening. The price is operating below the EMA7, EMA30, and EMA120 moving averages, which are all in a bearish arrangement. The short-term, medium-term, and long-term trends are all bearish. It is recommended to enter positions at high levels during the day.
Operational advice: Enter BTC around 110500 to 111000, target around 108500; Enter Ether around 4420 to 4460, target around 4330. Market conditions are constantly changing, and the article is time-sensitive. Friends entering the market should follow real-time guidance as the main focus #Gate广场七夕心意# #加密市场回调# #特朗普罢免美联储理事库克# .