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BTC

1-hour price trend of BTC: Sideways.

This is a 1-hour Binance BTC/USDT K-line chart, with the latest price at: 63965.2 USDT, including EMA, MACD, KDJ, and trading volume indicators.

【Buy/Sell Points】

• Buy Point 1: 62000 USDT (EMA(7) and EMA(30) are both near this price, supporting short-term upward trend)

• Buy Point 2: 61000 USDT (Above the lowest point of 59677.6 on August 22 at 10:00, and a psychological key support level)

• Long Stop Loss: 60500 USDT (Below Buy Point 2, with enough space to avoid triggering stop loss due to small fluctuations)

• Sell Point 1: 64500 USDT (Near the high point of 65000 at 06:00 on August 24, may face resistance)

• Sell Point 2: 65500 USDT (Exceeding the highest price of 65000 within the current period, expected to face stronger selling pressure)

• Short Stop Loss: 66000 USDT (Above Sell Point 2, providing space to prevent triggering stop loss due to price breakthrough)

【Price Trend Analysis】

1. K-line pattern:

   • Recent K-lines show significant price fluctuations, such as the high point of 65000 and low point of 63900 at 06:00 on August 24, indicating a large price range. At the same time, the latest price of 63965.2 is close to the opening price of 64068.8, forming a short real body, implying weak market decisiveness.
   • A long lower shadow appeared at 10:00 on August 22, with a closing price of 60144.7 far from the lowest price of 59677.6, which may be a hammer line, usually considered a potential reversal signal.

2. Technical indicators:

   • In the MACD indicator, both DIF and DEA are in positive territory, but the MACD histogram (547.1) has started to decrease, indicating that the bullish momentum is weakening, potentially signaling a change in trend.
   • In the KDJ indicator, the J value of 80.81 is slightly higher than the K value of 80.10 and the D value of 79.75, indicating an overbought situation and potential risk of a pullback.
   • In the EMA indicator, EMA(7) at 63511.6 is above EMA(30) at 61929.5, showing a short-term upward trend, but attention should be paid to whether the gap between the two is narrowing as a reference for trend reversal.

3. Trading volume:

   • The trading volume has decreased in the past few hours, for example, the trading volume of 8595.9230 at 07:00 on August 24 significantly decreased compared to the previous hour's 19509.2160, indicating a decrease in market activity.
   • During periods of intense price fluctuations, such as the trading volume of 83575.1350 at 22:00 on August 23, the enlarged trading volume usually accompanies breakthroughs or rejections of key price points, requiring further analysis in combination with other information.

ETH

1-hour price trend of ETH: Upward.

This is a 1-hour Binance ETH/USDT K-line chart, with the latest price at: 2760.26 USDT, including EMA, MACD, KDJ, and trading volume indicators.

【Buy/Sell Points】

• Buy Point 1: 2725 USDT (Recent support is in this area, EMA(7) crosses above EMA(30), short-term trend is positive)

• Buy Point 2: 2680 USDT (Strong historical support level, potential buying interest if the price retraces to this level)

• Long Stop Loss: 2650 USDT (Below Buy Point 2 and with some space to avoid triggering stop loss due to small fluctuations)

• Sell Point 1: 2790 USDT (Near the high price, can be used as an initial resistance level for profit-taking)

• Sell Point 2: 2820 USDT (Psychological resistance level after breaking the previous high, expected to face greater selling pressure)

• Short Stop Loss: 2850 USDT (Above Sell Point 2, providing buffer space for market fluctuations)

【Price Trend Analysis】

1. K-line pattern:

   • Recent K-lines show significant price fluctuations, such as the long upper shadow at 06:00 on August 24 indicating strong selling pressure, and the long lower shadow at 10:00 on August 22 reflecting active buying interest. Overall, there is no clear consecutive trend-type K-line combination.
   • The latest K-line (07:00 on August 24) is a small real body candle, with the closing price close to the opening price, implying indecision in the market during this period.

2. Technical indicators:

   • In the MACD indicator, both DIF and DEA are in positive territory, but the MACD histogram has decreased, indicating a potential weakening of bullish strength.
   • In the KDJ indicator, the J value is higher than the K and D values, with the latest data showing both K and D lines still above 80 in the overbought zone, requiring caution against pullback risk.
   • The EMA indicator shows the 7-period EMA at 2742.89 is above the 30-period EMA at 2684.88, with the short-term moving average crossing above the long-term moving average, indicating a positive short-term trend.

3. Trading volume:

   • The trading volume has expanded during specific time periods, such as at 06:00 on August 24 and 22:00 on August 23, which usually accompanies rapid price changes.
   • The latest trading volume has decreased compared to the previous hour, and if the trading volume continues to shrink in the future, it may indicate a trend reversal or a sideways consolidation phase.

TRX

1-hour price trend of TRX: Downward.

This is a 1-hour Binance TRX/USDT K-line chart, with the latest price at: 0.15847 USDT, including EMA, MACD, KDJ, and trading volume indicators.

【Buy/Sell Points】

• Buy Point 1: 0.15550 USDT (Crossing area of EMA(7) and EMA(30), recent support level)

• Buy Point 2: 0.15300 USDT (Low point area from 17:00 on August 22 to 03:00 on August 23, strong support level)

• Long Stop Loss: 0.15150 USDT (Slightly below Buy Point 2, providing enough space to avoid triggering stop loss due to small fluctuations)

• Sell Point 1: 0.15800 USDT (Recent oscillation upper limit, short-term resistance level)

• Sell Point 2: 0.16000 USDT (Near the high point at 20:00 on August 22, medium to long-term resistance level)

• Short Stop Loss: 0.16100 USDT (Above Sell Point 2, ensuring a safe margin for short selling)

【Price Trend Analysis】

1. K-line pattern:

   • Recent K-lines show significant price fluctuations, with a clear upward trend from 19:00 on August 22 to 01:00 on August 23, followed by a slight decline in price. From 21:00 on August 23 to 07:00 on August 24, the price oscillated within a certain range.
   • After the long bullish candle at 20:00 on August 22, the price failed to continue upward and instead experienced a high-level pullback, which may be a short-term top signal.

2. Technical indicators:

   • Both DIF and DEA in the MACD indicator are in positive territory, but the MACD histogram is gradually decreasing, indicating a weakening bullish momentum.
   • The J value in the KDJ indicator has decreased from a high level in the recent few periods, with the K line intersecting and diverging downward from the D line, suggesting potential short-term adjustment pressure.
   • EMA(7) has been consistently above EMA(30), indicating a continued upward trend in the medium to short term, but the narrowing gap between the two requires attention to the strength of the support.

3. Trading volume:

   • The trading volume increased during the price rise, especially the significant increase in volume accompanied by the sharp rise at 21:00 on August 22, showing active buying interest.
   • Subsequently, the trading volume decreased during the price decline, indicating a decrease in market participation or a potential turning point.

※All content is provided by the intelligent analysis assistant Little A, and is for reference only, not constituting any investment advice!

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