8.25 Early Morning Analysis
On the hourly level, MA144 and MA169 form a downward pressure zone, with the price continuously pressured below the moving averages. The MACD indicator shows expanding green bars, and the momentum remains strong. The short-term support is at 110484; if broken, it may continue to decline!
Trading Suggestions
Bitcoin: Short at 113500-114200, target 111000-112000
Ethereum: Short at 4750-4850, target 4600-4700