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Xiaoyao KOL: BTC Ether evening market analysis 8.13
The daily chart of BTC currently shows that the price has been fluctuating around 120000 recently. On August 11, a long upper shadow appeared, indicating heavy selling pressure above. The 4-hour K-line shows signs of a slight pullback at a high level, followed by stabilization, but overall it is still in a short-term upward trend. Both the 4-hour DIF and DEA are negative, and the green bars of the histogram are shortening, indicating weakened bearish momentum. The daily DIF is close to the zero axis, suggesting that the market's bullish and bearish forces are tending to balance. The RSI value is 58.08, which has not entered the overbought area, indicating that the current trend is strong but still has room for adjustment. In the 4-hour chart, EMA7 > EMA30 > EMA120 shows a bullish arrangement of moving averages, with short-term support focusing on the EMA7 position. It is recommended to buy on dips during the day.
Trading recommendation: Buy BTC around 119000 to 119500, with a target near 121000. Buy Ether around 4570 to 4600, with a target near 4700. Market conditions are constantly changing, and the article is time-sensitive. Friends entering the market should focus on real-time guidance #ETH突破$4,600# .