Xiaoyao KOL: Bitcoin Afternoon Market Analysis 8.21

The daily chart of Bitcoin shows that the recent price has quickly dropped from 116227 to 113650, forming consecutive bearish candles, indicating a clear bearish trend. The 4-hour K-line has repeatedly rebounded near 114000 without success, and the current low point continues to decline, remaining in a weak adjustment phase in the short term. Both the daily and 4-hour MACD are below the zero line, with green bars shortening but still present, indicating that the bearish strength has weakened but has not completely dissipated. The price continues to operate below EMA7, EMA30, and EMA120, and after the death cross between EMA7 and EMA30, it remains in a divergent state, suggesting strong resistance from short-term and medium-term moving averages. It is recommended to enter a high position today.

Operation Suggestion: Enter a high position near 114000 to 114500 for Bitcoin, targeting around 112500. Enter a high position for Ethereum near 4300 to 4330, targeting around 4200. Market conditions are constantly changing; the article has timeliness. Friends entering the market should focus on real-time guidance #美联储7月会议纪要 $BTC .