BTC resistance at 113000, has not broken through after a whole day. If Bitcoin cannot hold above 112500 before tomorrow morning, a pullback is basically inevitable.

BTC, ETH Market Trend Analysis and Opening Strategy on August 27

ETH

Current Price: 4590, the daily line is above the 7-day moving average of 4558, and the short-term trend remains strong.

The 25-day moving average support is at 4242, which is a key medium-term support.

Although the MACD is still near the zero axis, the green column is shortening, indicating signs of strengthening.

Overall, the daily line is in a corrective recovery within an upward trend.

4-hour:

The recent low of 4202 has formed significant support, and after a rebound, it broke through the 7-day moving average.

There is pressure around the 25-day moving average of 4646; if it can effectively stabilize above this level, it will challenge the previous high of 4957 again.

Although the MACD is still below the zero axis, the green column is shortening, and momentum is gradually improving.

ETH Strategy

Support Level: 4320-4480 – 4520 (can be split for long positions)

Resistance Level: 4645 – 4700 (first resistance), near 4950 (strong resistance)

Operation:

If it pulls back to support, a light long position can be taken, target 4645 → 4800 → 4950;

If it falls below 4350, caution is needed, stop loss below 4320.

If it cannot stabilize above 4700, then short it.

BTC

Daily Line:
Current Price: 111700, still under pressure in a large range, below the 25-day moving average of 115833.

The previous low of 108550 has formed short-term support.

The MACD bearish momentum is still relatively strong, but the green column is shortening, showing signs of halting the decline.

4-hour:

A V-shaped rebound has occurred, and the short-term low of 108550 has been confirmed.

The current rebound to 111700 is close to the upper pressure of 112973 – 113950.

The MACD shows signs of a golden cross, but we need to observe whether the volume can continue.

BTC Strategy

Support Level: 110500 – 111000

Resistance Level: 113000 – 114000, with strong resistance at 117400

Operation:

Short-term can tentatively take long positions above 109500-111000, target 113000 → 115000;

Stop loss below 109500.

Comprehensive Suggestions

ETH is stronger than BTC, suitable for trying long positions focused on ETH.

The short-term market is in a rebound phase, suggesting light positioning, quick entry and exit.

The overall direction still needs to observe whether BTC can stabilize above 113000; otherwise, the rebound height is limited.

Tomorrow's closing line ETH trend