Xiaoyao kol: Bitcoin and Ethereum Evening Market Analysis 8.18

Currently, the daily chart for Bitcoin shows a continuous decline in its price, forming a large bearish candle, and has broken below the previous support level around 117172. On the 4-hour chart, after a sharp drop, the price has entered a phase of consolidation, but it remains in a downward trend overall. The MACD histogram on the 4-hour cycle continues to show negative values, with the fast and slow lines diverging downwards, indicating that the bearish forces are dominant. The daily MACD also shows a death cross, further confirming the weak market condition. The RSI value is 28.87, approaching the oversold zone, suggesting a potential short-term rebound demand. The daily RSI is relatively low but has not entered the extreme oversold area, indicating that there is still room for downward movement. It is recommended to enter high positions in the evening.

Operational suggestions: Enter Bitcoin around 115500 to 116000, with a target of around 114000; enter Ethereum around 4320 to 4350, with a target of around 4250. Market conditions are constantly changing, and the article is time-sensitive. Friends entering the market should prioritize real-time guidance: #ETH质押退出动态观察 $BTC