Xiaoyao kol: Bitcoin Afternoon Market Analysis 8.26

Currently, the daily chart for Bitcoin shows consecutive days of bearish candles, with the price quickly dropping from 116935.99 to 109789.96, indicating a clear downtrend. In the 4-hour timeframe, after significant fluctuations, there is a slight consolidation. The current candlestick body is relatively small, indicating that market sentiment is becoming cautious. In the 4-hour timeframe, both DIF and DEA of the MACD are below the zero line and continue to diverge downwards, with bearish strength prevailing. However, the green bars are shortening, showing signs of weakening. The price is operating below the EMA7, EMA30, and EMA120 moving averages, and the moving averages are in a bearish arrangement. The short-term, medium-term, and long-term trends are all bearish. It is recommended to go short at high levels today.

Operation suggestion: Go short around 110500 to 111000 for Bitcoin, targeting around 108500; for Ethereum, go short around 4420 to 4460, targeting around 4330. Market conditions are constantly changing, and the article is time-sensitive. Friends entering the market should prioritize real-time guidance #加密市场回调 $BTC