BTC, ETH Trend Analysis and Opening Strategy on August 28

ETH Trend Analysis

1 Hour

Trend: Just pulled back from the high point of 4660, breaking below MA7 and MA25, MACD dead cross and green bars expanding.

Short-term bias is bearish, with a demand for a pullback to support.

Support Level: 4450 / 4400

Resistance Level: 4550 / 4620

4 Hours

Price oscillating around MA99, currently near 4500.

Previous high of 4957 has confirmed a stage top.

MACD still hovers below the zero axis, with insufficient momentum.

Support Level: 4420 / 4300

Resistance Level: 4600 / 4750

Daily

The daily trend remains bullish, but with short-term adjustments; MA7 has started to turn downward.

If it fails to hold 4450, it may test around 4300.

Support Level: 4300 / 4000

Resistance Level: 4620 / 4950

BTC

1 Hour

Price: 111200

Short-term just broke below MA7, MA25, MACD green bars expanding, bears in control.

Support Level: 110300 / 109500

Resistance Level: 111800 / 112500

4 Hours

Trend similar to ETH, recent rebound constrained by MA25.

MACD just showed signs of a volume contraction rebound, but momentum is insufficient.

Support Level: 110000 / 108500

Resistance Level: 112500 / 114000

Daily

After falling from the high point of 124500, still in a weak recovery.

MA25 and MA7 dead cross, still no apparent reversal.

Support Level: 108500 / 104800

Resistance Level: 113500 / 117000

Opening Strategy Suggestions

ETH:

Short: If it rebounds to 4550–4600, you can short with a light position, stop loss above 4666, target 4450–4400–4330.

Long: If it stabilizes on a pullback to 4420–4450, you can try going long, stop loss below 4310, target 4550–4600–4666.

BTC:

Short: If it rebounds to the range of 111800–112500, you can short, stop loss above 110300, target 110300–109500.

Long: If it bounces back to the 110000–110300 area without breaking, you can try going long, stop loss below 109500, target 112500–115500.

ETH in the 4300–4400 area is a critical buying support; if it holds, it can be seen as a range for swing trading.

BTC in the 108500–110000 area is key support; if it breaks, it may head towards below 104800.

Summary:

Short-term bias is bearish; both ETH and BTC are in an adjustment phase.

Wait for a pullback to support before considering low buying for long positions, and short with light positions in rebound pressure zones.

Strictly use stop losses to avoid being stopped out in volatile markets.

I've been busy lately, so I've analyzed fewer coins. You can send me the coins you hold or want to open.

How will Ethereum's weekly chart close at 8 AM next Monday?