Xiaoyao KOL: Bitcoin Afternoon Market Analysis 8.8

Currently, the daily chart for Bitcoin shows that after reaching a recent high of 117621, the price has retraced to 116550, forming a long upper shadow, indicating strong selling pressure above. On the 4-hour chart, the price quickly rose from 114787 to 117472 before experiencing a downward consolidation, currently in an adjustment phase. The daily MACD histogram is shortening, with the fast and slow lines approaching the zero axis, indicating weakening momentum; the 4-hour MACD red bars are gradually decreasing, with signs of a death cross between the fast and slow lines, indicating a short-term bearish trend. The daily RSI is at 58, not in the overbought zone, but still in a relatively strong area; the 4-hour RSI has dropped from 67 to 58, showing a decline in bullish strength. It is recommended to enter positions at high levels today.

Operational advice: Enter positions for Bitcoin around 116800 to 117300, targeting around 115500; for Ethereum, enter around 3910 to 3940, targeting around 3850. Market conditions are constantly changing, and the article is time-sensitive. Friends who want to enter should focus on real-time guidance #比特币流动性危机 $BTC