Analyst Liang Qiu: On 8.17, BTC ETH has once again rebounded, follow the resistance above.



BTC ETH made multiple layouts for the Doko Silk Road yesterday, and the market has also fluctuated back and forth multiple times, overall managing to secure a decent space. Currently, the market has begun to rebound since the afternoon, especially with ETH showing a relatively large overall increase, approaching the 4580 level, while BTC has risen to around 118400. The rebound is not a reversal, and the upper pressure has not been broken, with the rise providing an opportunity for Doko to enter the market. Looking at the daily MA averages and the box structure under pressure, there is significant pressure on BTC ETH at the upper levels of 119000 and 4600. If the market does not break these levels, it will face a wave of pullback and decline.

On the K-line pattern, the daily level shows a rebound trend in the short term. In the 4-hour cycle, it is currently approaching the recent pressure zone with a long upper shadow, indicating some selling pressure above. The technical indicators at the daily level show that the DIF and DEA are still below the zero axis, but the green bars are shortening, indicating a weakening of bearish momentum. At the 4-hour level, the DIF has broken above the DEA, and the red bars are expanding, suggesting short-term bullish dominance, but caution is needed for divergence risks.

Evening operation suggestions: BTC is around 118300, with a target of around 116500; ETH is around 4570, with a target of around 4480.

[The above analysis and strategies are for reference only, please bear the risks yourself. The article review and publication do not have timeliness, and specifics are subject to real-time conditions.]
#美7月PPI年率高于预期# #以太坊ETF突破300亿美元# #Gate Alpha巅峰交易赛#
ETH-4.13%
BTC-1.29%
MA2.59%
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LuckAndFortuneComeTovip
· 08-17 12:40
Excellent, excellent, thank you for your daily sharing.
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