8.8 Market Analysis:

​From the daily perspective, Bitcoin is in a high-level consolidation phase. The MA7 line has turned down and pierced the MA14 line, entering the early stage of a death cross. The MACD has entered a bearish cycle, and the RSI is diverging downwards from a high level, indicating a certain expectation of a pullback trend. On the 4-hour level, the trend line is generally flat, the MACD shows confusion, but the RSI is running down to the lower region. Overall, the technical indicators lean towards bearish. If a significant rebound does not occur subsequently, it may continue to decline.

​Operational Suggestions

​Bitcoin in the 116500-117000 range, targeting a drop to around 114600-115100. If it breaks 114600, continue to look downward towards around 113800.

​Ethereum in the 3830-3860 range, targeting a drop to around 3720-3750. If it breaks 3720, continue to look downward towards around 3660.$BTC $ETH #比特币流动性危机 #特朗普允许401(k)投资加密货币 #美SEC批准流动性质押 #ETH巨鲸增持 #下一任美联储主席人选