Xiaoyao KOL: BTC Ether Evening Market Analysis 8.18



BTC's daily chart currently shows a continuous decline in recent coin prices, forming a large bearish candle, and breaking below the previous low support level around 117172. On the 4-hour chart, after a sharp drop, the coin price is experiencing consolidation, but it remains in a downward trend overall. The MACD histogram on the 4-hour period continues to show negative values, with the fast and slow lines diverging downwards, indicating that bearish pressure is dominant. The daily MACD also shows a death cross, further confirming the weak market, with an RSI value of 28.87, close to the oversold zone, indicating potential for a short-term rebound. Although the daily RSI value is low, it has not entered the extreme oversold area, suggesting that there is still downward space. It is recommended to enter at high positions in the evening.

Trading suggestions: Enter BTC around 115500 to 116000, target around 114000; enter Ether around 4320 to 4350, target around 4250. The market situation is constantly changing, and the article is time-sensitive. Friends entering the market should focus on real-time guidance #Gate七月透明度报告发布# #BTC ETF持仓破1530亿美元# #美联储终止新型活动监管# .
BTC0.26%
ETH0.1%
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