August 26th Bitcoin and Ethereum Analysis:

From the 4-hour chart, BTC price shows continuous bearish candles, the Bollinger Bands are opening downwards, and the price remains under pressure below the 5-day moving average resistance of 110720. The EMA24/52 continues to show a death cross downwards, indicating a clear short-term bearish trend.

ETH on the 4-hour chart has formed a large bearish candle, directly breaking through a key support level, with strong bearish momentum being released, and the short-term trend remains unchanged. However, the current chart shows a double bottom probe, indicating a potential short-term rebound. According to the three-three rule, the intraday short-term resistance to watch is around the 4430 region; a breakout would aim towards the EMA52 area near 4486-4506. The 1-hour chart also shows signs of a rebound, with the Bollinger Bands combined with KDJ and MACD showing upward turning trends.

Suggestions:

BTC can short around 110500, 111000 with a target near 108700.

ETH can short around 4400, 4450 with a target near 4280.