Cryptocurrency Market Analysis: Bitcoin (BTC) and Ethereum (ETH) Latest Market Trends and Trading Recommendations for August 29, 2025

CN
7 hours ago

In the cryptocurrency world, regardless of what coin you are dealing with or whether you are trading digital currencies, you cannot escape the fluctuations of the market. Watching those constantly rising and falling curves can be dazzling, and some investors find it exhausting and stressful to keep an eye on the market. Therefore, having a digital asset manager is a common expectation among cryptocurrency investors. Under such expectations, Liying has arrived, bringing the best scientific analysis techniques and the highest quality guidance to your side.

Cryptocurrency Liying: Latest Bitcoin Market Analysis on 8.29

Article published on 2025.8.29-------00:10

Current Bitcoin price is 112,500. Liying has found that the current market is in a critical range, with neither technical indicators nor external environments providing clear trend guidance. Technically, Liying sees a bullish engulfing signal in the candlestick pattern, and the support level at 108,650 is quite strong. However, the moving average system shows a bearish arrangement, and trading volume has drastically decreased, creating a clear divergence between price and volume. This indicates that the sustainability of a price rebound in the short term is questionable, and the market may continue to maintain a volatile pattern. The daily chart shows strong buying support, and the 2-hour candlestick chart has several small upward fluctuations, which may face pressure. The MACD momentum is slightly bullish, but the overall trend has not completely strengthened. The EMA 2-hour short-term moving average support is effective. Overall, there seems to be a trend of testing the bottom support in the short term, and a continuation of the bullish trend after testing the bottom cannot be ruled out. Therefore, Liying suggests focusing on buying at the bottom and selling at the top.

Today's Liying Point Forecast

Buy point at 111,000, add to buy at 110,000, stop loss at 500 points, target at 113,000.

Sell point at 113,500, add to sell at 114,000, stop loss at 500 points, target at 111,000.

Ethereum Analysis

Current Ethereum price is 3,495. Liying has found that Ethereum is currently in a range-bound pattern, with neither technical indicators nor external environments providing clear trend signals. Technically, Liying sees the appearance of a evening star pattern and extremely reduced trading volume, indicating that market sentiment is weak in the short term, and the downside risk has increased. However, the moving averages are entangled and the slope is flattening, with weakened momentum further reinforcing the characteristics of market volatility. The support level at 4,400, as a dense trading area, is a key defense line in the short term. The daily chart is still in a weak volatile pattern with a resistance level at 4,665, and the 2-hour candlestick chart shows a trend of rising and then falling, with support concentrated around the 4,500 mark. The MACD 2-hour short-term momentum is weakening, and the daily MACD trend direction is unclear. Overall, the short-term bears are dominant, while the long-term bullish trend remains. Liying suggests taking profits on short positions when favorable and focusing on low buying.

Latest Point Reference

Buy point at 4,450, add to buy at 4,400, stop loss at 30 points, target at 4,550.

Sell point at 4,600, add to sell at 4,650, stop loss at 30 points, target at 4,450.

Good tea is not afraid of tasting, and technology is not afraid of scrutiny. The only thing in the world that never lies is time. A hundred empty words are not as good as one action; precise strategies are not as good as one execution. The most frightening thing in the market is not the absence of trends or opportunities, but confusion and lack of direction. If there is no wind blowing in any direction, it is all headwind. As long as you work hard, an iron pestle can be ground into a needle! In the new century, as long as you are willing to work hard, who says you cannot have both fish and bear's paw! In contract trading, you can buy up or down; as long as you get the direction right, you can make money whether you are long or short! Don't fear the lack of opportunities; fear the moment an opportunity arises and you hesitate to act!

The above content is exclusively original by Liying; please indicate the source when reprinting! Article publication review has a delay, and market conditions change rapidly. The above suggestions are for reference only, and risks are borne by the reader. Liying cannot control the market, but can help prevent the risks we may encounter in our operations. Good risk control is essential for us to remain undefeated in investment. If you are still confused in the cryptocurrency world, always making small profits and large losses, struggling with entry and exit points, unable to read the direction, or manage your mindset, you can follow Cryptocurrency Liying. I will create a personalized plan for you based on your actual situation and market trends to fundamentally solve your problems. I hope Liying's presence will be helpful to you on your investment journey!

The content of the article is time-sensitive and for reference only; risks are borne by the reader.

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。

火币HTX助力新朋友起航,交易瓜分50,000 USD1
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink