8.6 Morning Analysis $BTC $ETH

Ethereum has shown a clear bearish trend across different time frames, but a rebound may occur in the short term. From the hourly perspective, Ethereum has pulled back from the high of 3735 and has broken below the middle band of the Bollinger Bands, forming a continuous downward trend. The current price is close to the lower band of the Bollinger Bands, in an oversold state, and may experience a technical rebound in the short term, but this rebound may only be temporary, and the overall bearish trend has not changed.

On the four-hour level, the price of Ethereum has declined from 3940 and experienced a deep pullback, but found support around 3353 and rebounded. However, the current price is again facing resistance from the middle band of the Bollinger Bands, which limits the strength of the rebound, suggesting that the adjustment pattern may continue. Considering the current trend, Ethereum may still continue to adjust in the short term.

For Bitcoin, the current price is around 113500, and at this position, it may be considered to go long, targeting a price of 115500, taking into account a slight rebound that may occur in the short term. Meanwhile, it is advised to adopt a short strategy when the Ethereum price approaches around 3630, targeting around 3550, which may lead to further downward adjustments. #币安Alpha上新 #特朗普计划宣布新美联储理事 #香港稳定币新规