Xiaoyao kol: Bitcoin Ether Evening Market Analysis 8.10



In the past two days, Bitcoin has been consolidating while Ether is soaring. The current daily chart shows that the recent price of the coin has been oscillating between 116,000 and 118,500. After forming a long lower shadow bullish candle on August 7, it rebounded, and the current K-line is showing a slight upward trend. In the 4-hour timeframe, from August 9 to 10, it repeatedly tested the nearby high point of 118,500 without breaking through, indicating some short-term pressure. Both the DIF and DEA averages are diverging upwards, but the histogram's momentum is weakening, suggesting that the upward momentum is slowing down. In the daily timeframe, the DIF and DEA are running in a golden cross, and the upward trend remains strong. The daily trading volume significantly increased on August 7 and then gradually decreased, indicating that market sentiment has shifted from intense volatility to a wait-and-see approach. In the 4-hour timeframe, the trading volume did not show a significant increase when testing the highs near 118,500, indicating insufficient breakthrough momentum. In the evening, it is recommended to enter at high positions.

Suggested operation: Buy Bitcoin near 118300 to 118800, target around 116500. Buy Ether near 4220 to 4250, target around 4150. Market conditions are constantly changing, and the article is time-sensitive. Friends entering the market should focus on real-time guidance #Gate & WLFI USD1 积分计划# #特朗普允许401(k)投资加密货币# #Gate跟单训练营晒单赢$2,000# .
BTC-2.24%
ETH-4.72%
USD10.01%
TRUMP-1.92%
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