August 25th afternoon Bitcoin Ethereum market analysis and trading strategy
The daily chart shows that recent prices are fluctuating at a high level, with a long upper shadow formed yesterday, indicating heavy selling pressure above. Today's closing price is lower than yesterday's, showing signs of a pullback. On the hourly chart, the K-line has continuously closed in the red over the past few hours, and the volatility range is gradually decreasing, suggesting a possible consolidation phase in the short term. The hourly MACD continues to diverge downwards, with both DIF and DEA below the zero axis, indicating dominant bearish strength. The daily MACD histogram has shortened, suggesting a further need for adjustment. The hourly RSI is around 42, not yet in the oversold zone but already showing weakness. The daily RSI has fallen from a high position to around 50, indicating a neutral to weak trend. The hourly EMA7, EMA30, and EMA120 show a bearish arrangement, with the current price operating below the EMA7, indicating clear short-term pressure. The daily EMA7 and EMA30 still maintain a bullish arrangement, but the EMA7 has begun to flatten, indicating signs of weakness.
Ethereum: Short at 4750-4800, target around 4650 Bitcoin: Short at 113500-114100, target 111500 #ETH创历史新高##加密市场反弹#
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August 25th afternoon Bitcoin Ethereum market analysis and trading strategy
The daily chart shows that recent prices are fluctuating at a high level, with a long upper shadow formed yesterday, indicating heavy selling pressure above. Today's closing price is lower than yesterday's, showing signs of a pullback. On the hourly chart, the K-line has continuously closed in the red over the past few hours, and the volatility range is gradually decreasing, suggesting a possible consolidation phase in the short term. The hourly MACD continues to diverge downwards, with both DIF and DEA below the zero axis, indicating dominant bearish strength. The daily MACD histogram has shortened, suggesting a further need for adjustment. The hourly RSI is around 42, not yet in the oversold zone but already showing weakness. The daily RSI has fallen from a high position to around 50, indicating a neutral to weak trend. The hourly EMA7, EMA30, and EMA120 show a bearish arrangement, with the current price operating below the EMA7, indicating clear short-term pressure. The daily EMA7 and EMA30 still maintain a bullish arrangement, but the EMA7 has begun to flatten, indicating signs of weakness.
Ethereum: Short at 4750-4800, target around 4650
Bitcoin: Short at 113500-114100, target 111500 #ETH创历史新高# #加密市场反弹#