8.25 Fei Ge Market Analysis: BTC/ETH Breaks High After Powell's Speech, Future Trends to Watch

After Powell's speech, both BTC and ETH surged past previous highs. Will there be a short-term pullback? Fei Ge provides a precise breakdown for you.

BTC: Short-term Bearish, Price Under Pressure

• Recent overall performance has been weak, with prices showing a choppy downward trend.

• 4-Hour Chart: Price has fallen between the middle and lower Bollinger Bands, MACD has formed a death cross and continues to expand, indicating a clear bearish signal.

• Daily and 1-Hour Charts: Both show a weak trend, lacking rebound momentum, with a short-term bearish outlook.

ETH: Weekly Stabilization, Still Possible to Buy Low After Pullback

• The weekly chart shows stability, providing support for future trends.

• Daily Chart: MACD shows reduced volume, with a balanced contest between bulls and bears.

• 4-Hour Chart: Pressured by the upper Bollinger Band, price is oscillating towards the middle band, with MACD also showing a death cross.

• 1-Hour Chart: No bearish arrangement has formed yet; there may be a short-term pullback, but the core idea of buying at lower levels remains unchanged.

Trading Suggestions (Strictly Manage Take Profit and Stop Loss)

• BTC: Go long in the 111600-112100 range, targeting 114500-115500.

• ETH: Set up long positions around 4640-4670, targeting 4800-4900.

Keep up with Fei Ge's rhythm and seize market opportunities! Did you benefit from yesterday's market? $BTC $ETH #美联储降息预期 #美联储降息预期 #以太坊生态山寨币普涨