8.25 Bitcoin Aunt Evening Trend Analysis
Due to favorable conditions from Old Bao, the coin price was pulled up to the 117300 line, then plunged from 115000 to 110600 in the early hours. After that, it rebounded and corrected to 113600.
The daily chart shows three consecutive bearish candles, and the favorable momentum from Friday night did not continue to push past 120000, returning to the current price level is normal. MACD shows increasing bearish momentum, and the KDJ indicator has a death cross pointing downwards, indicating that the bearish trend has not diminished, but a bull market is accompanied by many spikes, so it's still advisable to participate with low buys.
Trading Suggestions
Bitcoin: Buy around 110500-110000, with a target of 112000-113000
Aunt: Buy around 4500-4550, with a target of 4600-4700$BTC $ETH
Due to favorable conditions from Old Bao, the coin price was pulled up to the 117300 line, then plunged from 115000 to 110600 in the early hours. After that, it rebounded and corrected to 113600.
The daily chart shows three consecutive bearish candles, and the favorable momentum from Friday night did not continue to push past 120000, returning to the current price level is normal. MACD shows increasing bearish momentum, and the KDJ indicator has a death cross pointing downwards, indicating that the bearish trend has not diminished, but a bull market is accompanied by many spikes, so it's still advisable to participate with low buys.
Trading Suggestions
Bitcoin: Buy around 110500-110000, with a target of 112000-113000
Aunt: Buy around 4500-4550, with a target of 4600-4700$BTC $ETH
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TREE
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