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🔹 Bitcoin (BTC)
Current Price (Aug 27): ~$111,269
Key Resistance: $118,000 → $124,000
Support Zone: $110,000 (major)
Trend: Pullback after $124,457 high, trading below the 50-SMA.
Strategy:
✅ Buy Zone: $110,500 – $111,500 (near support) with tight stop-loss below $109,500.
❌ Sell Zone: $117,500 – $118,500 (short-term resistance) if BTC fails to reclaim $118,000.
⚠️ Break below $110,000 → further downside to $107,000.
⚡ Break above $118,000 → retest $123,000–$124,000 possible.
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🔹 Ethereum (ETH)
Current Price (Aug 27): ~$4,549
Key Resistance: $4,800 → $4,950
Support Zone: $4,400
Trend: ETH peaked at $4,954 (Aug 24), pulled back, but holding above support.
Strategy:
✅ Buy Zone: $4,400 – $4,500 with stop-loss at $4,350.
❌ Sell Zone: $4,850 – $4,950 (strong resistance) if price rejects.
⚠️ Break below $4,400 → next support $4,200.
⚡ Break above $4,950 → new highs above $5,000 possible.
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📌 Summary:
BTC looks weaker (below 50-SMA, near major support). Best to buy dips near $110k or wait for breakout above $118k.
ETH is relatively stronger. Buy near $4,400–$4,500 support with eyes on $4,800–$5,000 resistance. #Gate Square Qixi Celebration# #Crypto Market Pullback# #Trump Removes Fed Governor Cook#