8.20 Zhiming Morning Analysis and Suggestions
Currently, observing from the four-hour level, the market shows a clear characteristic of bearish candlestick arrangement, forming a phased correction trend. It is worth noting that each time a pinbar correction occurs, the market enters a certain period of adjustment; however, this has not changed the overall direction of movement, which is still dominated by a bearish unilateral trend. On the technical indicator level, a top divergence pattern has formed, and this signal indicates that there may be correction pressure on the current trend. At the same time, the golden cross pattern of the fast and slow lines continues to move downward, and the appearance of death crosses during this period further reinforces the correction trend, showing that bearish forces are continuously accumulating, and the depth of the trend is also deepening. Overall, in the short term, the pattern dominated by bears will continue.
Zhiming's Suggestions
Bitcoin around 113500-114000, look for 112500-112000
Ethereum around 4150-4200, look for 4080-4050
#ETH质押退出动态观察