Analyst Liang Qiu: 8.25 Bitcoin/Ether short order wins big. Evening pump to continue shorting.



Bitcoin/Ethereum early session reminder for long positions around 112800 and 4730, the market has been fluctuating and accelerating downwards, with a current low of 110900 and 4518. The overall space has been fully pumped. Currently, the market has rebounded, but a rebound does not mean a reversal, the trend remains relatively weak. Since Bitcoin broke below 112000, subsequent positions will continue to look for short orders based on this resistance level.

The daily chart shows high-level fluctuations, with a significant pullback following a previous surge, forming a combination of a long upper shadow and a bearish candle, indicating clear selling pressure above. Currently, there is a short-term rebound, but it does not break the previous high. The MACD histogram on the four-hour cycle has turned from red to green, with the fast and slow lines gradually approaching the zero axis, signaling weakening momentum. The fast and slow lines on the daily chart have formed a death cross, highlighting a clear bearish trend.

Evening operation suggestions: continue to short Bitcoin around 111600 to 112200, target around 110000; short Ether around 4620 to 4650, target around 4540. The publication is time-sensitive, please refer to real-time data. #ETH创历史新高# #鲍威尔鸽派发言# #Gate Alpha空投FST#
ETH-0.31%
BTC-1.21%
FST-5.98%
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