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BTC

1-hour price trend of BTC: Down.

This is a 1-hour Binance BTC/USDT K-line chart, with the latest price at: 59566.0 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

• Buy Point 1: 62000 USDT (Near the intersection of EMA(7) and EMA(30), may provide support)

• Buy Point 2: 61000 USDT (Near the low point at 06:00 on August 28, if the price falls to this area again, there may be buying interest)

• Long stop-loss point: 60500 USDT (Leave enough space to avoid stop-loss triggered by small fluctuations, while considering the support of the psychological barrier at 60000 USDT)

• Sell Point 1: 63000 USDT (High point area in the recent few hours, can be seen as a short-term resistance level)

• Sell Point 2: 64000 USDT (Price area that has not been effectively broken through since 07:00 on August 26, a strong resistance level)

• Short stop-loss point: 64500 USDT (Exceeding Sell Point 2, giving space for market fluctuations, and also a safe buffer below the recent high price of 65175.4 USDT)

【Price Trend Analysis】

1. K-line pattern:

   • Recent K-lines show significant price fluctuations, such as the long upper shadow at 07:00 on August 26 indicating strong selling pressure, while the long lower shadow at 06:00 on August 28 reflects buying interest.
   • No typical continuous or reversal K-line combination pattern observed.

2. Technical indicators:

   • Both DIF and DEA in the MACD indicator are below the 0 axis, and DIF runs below DEA, with the MACD value negative, suggesting a bearish trend.
   • The K value in the KDJ indicator fluctuates significantly, but overall it is within the 20-60 range, without extreme overbought or oversold conditions.
   • EMA(7) has fallen below EMA(30), which is usually seen as a signal of weakening short-term trend relative to the long-term trend.

3. Volume:

   • Volume has increased significantly during large price fluctuations, such as the sharp increase in volume at 06:00 on August 28, accompanied by a rapid price decline.
   • The volume has gradually decreased in the past few hours, possibly indicating increased market participant wait-and-see sentiment.

ETH

1-hour price trend of ETH: Down.

This is a 1-hour Binance ETH/USDT K-line chart, with the latest price at: 2459.63 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

• Buy Point 1: 2500 USDT (Price near EMA(30) support level, if there are signs of rebound, it can be considered as a short-term buying opportunity)

• Buy Point 2: 2400 USDT (Near the support level of the previous low at 2388, if it falls to this level, there may be buying interest)

• Long stop-loss point: 2350 USDT (Leave enough space to avoid stop-loss triggered by small fluctuations, while there is a large space below to reach the previous low point)

• Sell Point 1: 2600 USDT (Resistance level that has been tested multiple times recently, suitable as an initial profit-taking point)

• Sell Point 2: 2700 USDT (Near the psychological barrier of the previous high at 2787, if there is a surge, it can be seen as a further reduction or exit opportunity)

• Short stop-loss point: 2800 USDT (Exceeding the previous high indicates a possible change in market sentiment, and the short strategy should be stopped in time)

【Price Trend Analysis】

1. K-line pattern:

   • Recent K-lines show intensified price fluctuations, especially after the sharp decline from 06:00 to 07:00 on August 28. The latest price of 2459.63 is close to the opening price, forming a relatively short-bodied bearish candle, indicating a relatively balanced power between buyers and sellers.
   • From the overall trend, the price has gradually declined from the high point of 2787 at 18:00 on August 26, showing a certain degree of downward channel.

2. Technical indicators:

   • The DIF in the MACD indicator remains in the negative zone, and DEA is also negative, with the MACD histogram continuously negative, indicating that the current market is under bearish control, but the MACD value is decreasing, which may indicate potential reversal or a slowdown in the pace of decline.
   • Both the K value and D value in the KDJ indicator are below 30, with the J value slightly higher, indicating possible oversold conditions and a potential rebound in the short term.
   • The EMA indicator shows that the latest price has fallen below EMA(7) and EMA(30), which is usually seen as confirmation of a short-term and medium-term downtrend.

3. Volume:

   • During the period of sharp price decline (such as 06:00 on August 28), the volume has significantly increased, which may indicate panic selling.
   • Although the price has rebounded afterwards, the volume has not shown synchronous growth, suggesting insufficient upward momentum and the need to be cautious of the risk of another decline after the rebound.

DOGS

1-hour price trend of DOGS: Sideways.

This is a 1-hour Gate DOGS/USDT K-line chart, with the latest price at: 0.001227 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

• Buy Point 1: 0.001230 USDT (Considering the gradually narrowing gap between EMA(7) and EMA(30), which may indicate a trend change, choose to buy near the support level that has been touched multiple times recently but not significantly broken)

• Buy Point 2: 0.001200 USDT (More conservative buying point, close to the low point at 10:00 on August 27, providing additional safety margin)

• Long stop-loss point: 0.001170 USDT (Slightly below Buy Point 2, providing space for market fluctuations and avoiding stop-loss triggered by small fluctuations)

• Sell Point 1: 0.001250 USDT (Setting initial selling target based on the recent high points in the past few hours to achieve short-term profit)

• Sell Point 2: 0.001270 USDT (Considering the DIF and DEA values in the MACD indicator are close and there is no strong trend signal, setting a relatively high point as a further profit target)

• Short stop-loss point: 0.001280 USDT (Slightly above Sell Point 2, providing stop-loss protection for short operations to prevent further losses if the price breaks through this point and continues to rise)

【Price Trend Analysis】

1. K-line pattern:

   • From 20:00 on August 26 to the latest price, there has been extreme volatility, with the 20:00 K-line showing a long lower shadow, indicating a sharp decline followed by a rebound.
   • From 06:00 on August 27 to 07:00 on August 28, most of the K-line bodies are small, indicating market fluctuations within a relatively narrow range.

2. Technical indicators:

   • MACD indicator: The average values of DIF and DEA are close and the MACD histogram value is very small, indicating that the current market trend is not strong and may be in a oscillating state.
   • KDJ indicator: There is significant fluctuation in the J value, but overall, the frequent crossing of the K and D lines shows no clear golden cross or death cross signal, reflecting the lack of a clear market direction.
   • EMA indicator: EMA(7) has consistently been below EMA(30), suggesting a bearish medium-term trend, but the gap is gradually narrowing, which may indicate a trend change.

3. Volume:

   • The volume was abnormally large at 20:00 on August 26, matching the price fluctuations at that time, and then the volume gradually decreased, indicating reduced market activity.
   • The volume has been stable in the past few hours, with no significant increase or decrease, indicating that market participants may be adopting a wait-and-see attitude.

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

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