August 24th Afternoon Bitcoin Ethereum Market Analysis and Trading Strategy

The daily chart shows that after significant fluctuations, the recent prices are gradually tending towards consolidation. The long bullish candle on the 22nd and the bearish candle from yesterday have formed a high-level consolidation pattern. The hourly chart indicates a short-term rebound trend, but there is significant resistance near 4800. The MACD on the hourly chart shows that the DIF and DEA have remained below the zero line, but the gap is narrowing, and the green bars are weakening, indicating a decline in bearish strength. The daily chart still shows a certain bullish advantage, but signs of slowing down are appearing. The hourly RSI is around 60, not yet in the overbought zone but leaning towards strong; the daily RSI remains in the neutral to strong zone. The hourly EMA7 at 4776 has broken through and stabilized, and the current price is approaching EMA30 at 4739. If it can effectively break through, it will further confirm the short-term rebound. Both the daily EMA7 and EMA30 are diverging upwards, providing strong support.

Bitcoin: Buy around 114500, target 116000
Ethereum: 4750-4700 more, target 4820-4880#加密市场反弹 #加密概念美股普涨