Xiao Yao KOL: Bitcoin and Ethereum Evening Market Analysis 8.22
Currently, the daily chart for Bitcoin shows that after a significant decline in price, there has been a period of consolidation and recovery. On August 21, a long lower shadow small body bearish candle was formed, indicating some buying support below. The 4-hour chart shows a sideways consolidation trend after a low-level rebound, with the current candlesticks being mostly small bodies, indicating an unclear direction. The MACD on the daily chart shows both DIF and DEA are below the zero line, with green bars shortening, indicating weakening bearish momentum. On the 4-hour chart, DIF is gradually rising but has not yet broken through DEA, overall showing a weak sideways trend. The daily moving averages are in a bearish arrangement, and the long-term trend remains downward. The 4-hour EMA7 and EMA30 are quite far apart, with the price being constrained by EMA30. For the evening, it is recommended to enter positions at high levels.
Trading suggestion: Enter Bitcoin around 113500 to 114000, with a target near 112000; enter Ethereum around 4350 to 4380, with a target near 4250. Market conditions are constantly changing, and this article is time-sensitive. Friends who want to enter the market should focus on real-time guidance #加密概念美股普涨 $BTC .