BTC, ETH, SOL Trend Analysis and Opening Strategy on August 22

Bitcoin

Currently around 112600, very close to the low point of 111900 from two days ago.

Overall still weak, moving averages trending down, the trend hasn't reversed yet.

Although MACD has stopped declining, it hasn't truly turned strong,

still in a weak position, with limited rebound potential,

upper pressure at 114700–116300, support at 111900.

Ethereum

Now at 4245, close to the important support level of 4200.

Moving averages and indicators are entangled, still haven't found direction.

If it can rise above 4350, there is a chance to surge to 4450–4570;

but if it falls below 4200, it may drop down to 4060.

Currently at a critical position, whether it goes up or down depends on the next few candlestick choices.

SOL

Price at 181, already close to the support zone.

Moving averages are flat, indicating the market is on hold.

MACD is about to golden cross, showing some signs of capital support at the bottom.

Short-term range is approximately 175–188, with upper pressure at 196.

Compared to BTC and ETH, SOL seems to be in a consolidation phase, making it more suitable for buying low and selling high.

BTC: It is recommended to observe further, do not rush to enter, unless it stabilizes above 116000 before considering going long.

ETH: If it returns to around 4200, you can try to buy with a small position, set a stop loss at 4150, and target 4350–4450.

SOL: You can gradually buy low in the 179–175 range, set a stop loss at 173, and initially target 188–196.

Today Powell is speaking, the market is volatile, recommend #BTC to buy low in advance, open a short position at high, basically pulling each side once, just follow his speech's core analysis trend, tonight at 10 PM the beautiful Rocky Mountains will welcome the short-term outlook for BTC, let this man take care of the price!