Xiao Yao KOL: BTC Ether Afternoon Market Analysis 8.25

BTC's current daily chart shows a continuous decline in recent coin prices, forming three consecutive bearish candles, especially the long bearish candles on August 24 and 23 indicating strong bearish momentum. In the 4-hour timeframe, prices have shown fluctuations and consolidation after a sharp drop, but overall remain in a downtrend. The 4-hour MACD histogram continues to be negative and is widening, with the fast and slow lines diverging downwards, indicating that bears are in control. The daily MACD is also showing a death cross, further confirming the weak pattern. Currently, the coin price is below the EMA7, EMA30, and EMA120 moving averages, and the moving averages are arranged in a bearish pattern, with the distance between EMA7 and EMA30 gradually widening, indicating that the short-term trend is still bearish. It is recommended to go short at high levels during the day.

Trading advice: Enter BTC around 113000 to 113500, with a target near 111500. Enter Ether around 4730 to 4760, with a target near 4660. Market conditions are constantly changing, and the article is time-sensitive. Friends entering the market should prioritize real-time guidance #ETH创历史新高# #鲍威尔鸽派发言# #Gate Alpha空投FST# .