Xiaoyao KOL: BTC Ether Afternoon Market Analysis 8.20



The daily chart shows that on August 19, a long bearish candle formed, with the price dropping from 116227.05 to 112872.94, indicating strong bearish momentum. On August 20, a small bullish candle rebounded, but the strength was weak. The 4-hour chart has recently shown a continuous decline followed by low-level consolidation. Currently, the K-line shows slight signs of rebound, with MACD in the negative area of the 4-hour cycle, and both DIF and DEA diverging downwards. The momentum bars continue to be green, indicating an overall bearish trend. It is recommended to enter high positions during the day.

Trading advice: Buy BTC around 114200 to 114800, target near 112500; Buy Ether around 4210 to 4250, target near 4130. Market conditions are constantly changing, and the article is time-sensitive. Friends entering the market should focus on real-time guidance.

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BTC-1.34%
ETH-4.26%
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