8.26 Bitcoin and Ethereum Market Trend Analysis and Trading Suggestions!

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允彦
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3 hours ago

Trading Philosophy: Look for trends in the long term, find entry points in the short term;

Technical Analysis: For Bitcoin, the daily chart continues to close with a bearish candle around 110,000, the Bollinger Bands continue to open downwards, the MACD moving average continues to move downwards, bearish volume continues to increase, and the KDJ continues to move downwards. On the 4-hour chart, the Bollinger Bands begin to open downwards, the MACD moving average continues to move downwards, bearish volume starts to decrease, and the KDJ line begins to flatten and move upwards;

For Ethereum, the daily chart closes with a bearish candle around 4,370, the Bollinger Bands continue to contract, the MACD moving average begins to move downwards, bearish volume starts to increase, and the KDJ line begins to move downwards. On the 4-hour chart, the Bollinger Bands begin to open downwards, the MACD moving average continues to move downwards, bearish volume starts to decrease, and the KDJ line begins to move upwards;

Currently, the market is experiencing a deep correction, and it needs to consolidate for recovery. It is recommended to short at high levels!

Trading Advice: Short at high levels!

Short Bitcoin at 111,000-111,500, target 109,000-108,000, stop loss at 112,500;

Short Ethereum at 4,500-4,540, target 4,400-4,300, stop loss at 4,590;

The strategy is time-sensitive; please refer to private real-time guidance for specifics!

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