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# .
BTC1.24%
ETH1.7%
TRUMP2.37%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)