Analysis of Evening Thoughts on August 26
On the 4-hour level, after experiencing three consecutive bearish candles, the bulls have given a rebound. Although the KDJ indicator has formed a crossover pattern in the short term.
The MACD indicator's dual lines still maintain a downward extension and show no signs of reversal, while the Bollinger Bands are opening downward, and the middle line is also continuing to move downward. Therefore, the overall trend remains bearish!
Operation Suggestions
Bitcoin: Short at 110000-110500, target 108000-109000
Ether: Short at 4450-4500, target 4250-4350
