August 27 Morning Cryptocurrency Market Analysis
1. BTC (Bitcoin): In the early hours, it showed a fluctuating upward trend, with prices hovering around 11180 (Note: the original '118' is presumed to be a typo, corrected to align with market conventional pricing). It fluctuated repeatedly without effectively probing higher before retreating, stabilizing after dropping to low support. The current operating channel is narrowing, with alternating bullish and bearish energy playing out, and the fluctuation range continues to shrink.
◦ Upper resistance level: 11300-11360 (Note: synchronized unit correction);
◦ Trading suggestion: Currently, the price is slightly corrected. If it can stabilize above 11120, one can directly set up long positions at low levels, targeting the upper resistance level. If the resistance level is breached, a continuation of the upward trend is expected.
2. ETH (Ethereum): The key upper resistance level is 4680, and it is crucial to focus on whether it can stabilize above the 4600 mark during the day. If it stabilizes, the upward trend is likely to continue; short-term support below focuses on the 4550-4540 range. If the price retraces to this range to release space, one can cautiously attempt long positions.
3. SOL (Solana): The short-term upward momentum is strong, with the current price around 196. One can cautiously enter long positions, targeting around 205. It is important to pay attention to real-time market fluctuations and manage risk effectively. $BTC $ETH #特朗普罢免美联储理事库克 #比特币远古巨鲸持续出清 #ETH创历史新高
1. BTC (Bitcoin): In the early hours, it showed a fluctuating upward trend, with prices hovering around 11180 (Note: the original '118' is presumed to be a typo, corrected to align with market conventional pricing). It fluctuated repeatedly without effectively probing higher before retreating, stabilizing after dropping to low support. The current operating channel is narrowing, with alternating bullish and bearish energy playing out, and the fluctuation range continues to shrink.
◦ Upper resistance level: 11300-11360 (Note: synchronized unit correction);
◦ Trading suggestion: Currently, the price is slightly corrected. If it can stabilize above 11120, one can directly set up long positions at low levels, targeting the upper resistance level. If the resistance level is breached, a continuation of the upward trend is expected.
2. ETH (Ethereum): The key upper resistance level is 4680, and it is crucial to focus on whether it can stabilize above the 4600 mark during the day. If it stabilizes, the upward trend is likely to continue; short-term support below focuses on the 4550-4540 range. If the price retraces to this range to release space, one can cautiously attempt long positions.
3. SOL (Solana): The short-term upward momentum is strong, with the current price around 196. One can cautiously enter long positions, targeting around 205. It is important to pay attention to real-time market fluctuations and manage risk effectively. $BTC $ETH #特朗普罢免美联储理事库克 #比特币远古巨鲸持续出清 #ETH创历史新高
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SOL
216.05
+6.97%
BTC
113,140.44
+2.26%
ETH
4,620.49
+1.18%