8.25 Zhiming Morning Analysis and Suggestions
How many people were unfortunately caught in the needle during the late night, the Americans love to make moves in the middle of the night. The big pie dropped again to the low point of 110484 in the early morning, the market is like a ghost, rising and falling quickly like unpredictable weather. Ethereum follows the same trend, rebounding after dropping to the low point of 4702. The market is rapidly warming up. Currently, on the daily chart, the big pie has formed a bearish candlestick with a long lower shadow, indicating strong resistance below. Due to the midnight crash, the market is rapidly warming up and rising. On the four-hour structure, a high probe and subsequent drop pattern has emerged, with the price falling from the upper band to the lower band. The current Bollinger Bands are opening and consolidating horizontally, but the KDJ has turned to form a golden cross upwards. The morning operation is still recommended to focus on the dip-buying strategy.
Zhiming's Suggestions
Big Pie 113200-112600 nearby, look at 114000-114500 nearby
Ethereum 4760-4720 nearby, look at 4840-4880 nearby
