Tonight, the market is destined to be turbulent! Multiple key economic data from the United States are about to be released, combined with Trump's renewed criticism of India's tariff policy, creating a significant volatility window in the market—don't miss the excellent trading opportunities for Bitcoin and Ethereum!
Today is Thursday, August 28, and the market is at a critical moment of intense long and short battles. Trump's trade policy is once again uncertain, with fluctuating expectations for interest rate cuts, and uncertainty continues to loom. Tonight will see a data-heavy release night: at 20:30, the number of initial jobless claims in the U.S. for the week ending August 23 and the revised annualized quarterly GDP for the second quarter will be announced, which will truly reflect the economic situation; at 22:00, the U.S. July existing home sales index month-on-month will be released, providing insights into the housing market; it is also crucial to pay close attention to the latest speech on monetary policy by Federal Reserve Governor Waller at 06:00 the next day, which could potentially ignite market sentiment!
From a technical perspective, Bitcoin's downward trend has not yet completely reversed, but the support at 108600 remains solid. The short-term core observation range is 110500-112200, with the main structural resistance at 115770-119900. A mutated PB spinning top candlestick has appeared on the 4-hour level, with northern demand supported, and the MACD fast and slow lines are about to form a golden cross below the zero axis, with the momentum bars continuously shrinking, releasing short-term rebound signals. It is recommended to set up long positions around 111000, with a stop loss at 110500 and a target of 112500; if it breaks through 113500, you can continue to hold for higher positions; at the same time, a light short position can be attempted at 112500, with a stop loss at 112800 and a target of 110500.
Regarding Ethereum, the technical structure is maintaining a range between 4060-4957, currently in a central retracement phase. 4680 is a key resistance; if it breaks below the support at 4560, it may further test 4400. The main structure and PB pattern on the 4-hour level show current weakness, with the MACD fast and slow lines forming a death cross near the zero axis, and the momentum bars are shrinking after expanding below the zero axis. It is suggested to take a light long position near 4395, with a stop loss at 4377 and a target of 4500-4575; a short position can be entered near 4640, with a stop loss at 4657 and a target of 4550-4600.
Strong reminder: The current market is highly volatile, and economic data and policy statements can easily trigger sudden movements! Please strictly implement stop losses and take profits, and reasonably control your positions. The above strategies are for reference only and do not constitute any investment advice; please make cautious decisions based on your own situation. Follow the public account: KK Communication, stay updated with market dynamics, and continuously obtain accurate strategy interpretations!
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
