Xiao Yao kol: Bitcoin and Ethereum Evening Market Analysis 8.14

Yesterday, Bitcoin and Ethereum's layout retracted with a focus on the market. The price rose all the way to around 124400 and 4780. Currently, the daily chart for Bitcoin shows that on August 13th, a long upper shadow was formed, indicating strong selling pressure at high levels. On August 14th, a bearish candle was formed and the price retraced, potentially entering an adjustment phase in the short term. The 4-hour chart shows a continuous oscillating trend, with highs gradually decreasing and lows also moving downwards, presenting a weak consolidation pattern. The MACD histogram is shortening, and the fast and slow lines are beginning to converge downwards at a high level, indicating weakening momentum; on the daily chart, the MACD is still in the bullish zone, but the red bars have noticeably shortened, necessitating caution for further retracement risks. The RSI has fallen from the overbought zone to around 60, showing a decline in upward momentum, with the daily RSI value at 59.9, close to a neutral level. The trend direction is unclear, and it is recommended to buy on dips in the evening.

Trading suggestion: Buy Bitcoin around 120200 to 120800, target around 123000; buy Ethereum around 4650 to 4700, target around 4780. The market is constantly changing, and this article is time-sensitive. Friends entering the market should focus on real-time guidance: #BTC再创新高 $BTC