Cryptocurrency Circle Liying: The 8.8 Bitcoin range oscillation continues! Ethereum engulfing pattern, a bull trap or the start of a bull market? Latest market analysis

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4 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. In light of this expectation, Liying has arrived, bringing with it the best scientific analysis techniques and the highest quality guidance to your side.

Cryptocurrency Liying: Latest Market Analysis of Bitcoin on 8.8

Article published on 2025.8.8-------00:10

The current price of Bitcoin is 1,167,500. Liying has found that Bitcoin is showing a typical range-bound oscillation pattern, with the main force within the key range of 1,165,00 to 1,180,00. From a technical perspective, Liying sees a short-term bullish trend, with a bullish MA arrangement and a golden cross forming a clear bullish resonance signal. However, a significant decrease in trading volume has led to a divergence between price and volume, while the RSI indicator is in an overbought state, suggesting that further upward movement may face resistance. If it cannot break through the strong resistance level of 1,180,00, the market may retreat to the support area of 1,165,00. Based on all data, Liying suggests that everyone choose to sell high and buy low for the most stability. If the price reaches around 1,175,00, a light short position can be taken, with a stop loss set at 1,183,00.

Today's Liying Point Prediction

Long entry at 116,000, add long at 115,500, stop loss at 500 points, target at 117,500.

Short entry at 117,500, add short at 118,000, stop loss at 500 points, target at 114,500.

Ethereum Analysis

The current price of Ethereum is 3,640. Liying has found that Ethereum is showing a range-bound oscillation pattern, with the price operating between key support and resistance levels. The technical analysis shows a bullish MA arrangement and engulfing pattern forming a strong bullish resonance, indicating a tendency for upward movement. However, the extreme decrease in trading volume has weakened the reliability of this trend signal, posing a risk of price inflation. Additionally, the BOLL bands are widening, and the price is near the upper band, while the RSI indicator is in an overbought state, further increasing the likelihood of a short-term pullback. Based on all technical indicators, there is a high probability that the main force will challenge the previous high, so Liying suggests taking a light short position near the high of 3,900. The temporary downward space is not very large, and a pullback to around 3,700 can be considered for a long position, with risk management set to stop loss at the previous high of 3,940.

Latest Point Reference

Long entry at 3,730, add at 3,680, stop loss at 30 points, target at 3,850.

Short entry at 3,900, add at 3,950, stop loss at 30 points, target at 3,750.

Good tea is not afraid of tasting, and technology is not afraid of scrutiny. The only thing that never lies in the world 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 lack of trends or opportunities, but confusion and lack of direction. If there is no wind blowing from 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 both up and down; as long as you get the direction right, you can make money whether long or short! Don't be afraid of missing opportunities; be afraid of not daring to act when opportunities arise!

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 see the direction, or struggling with mindset management, you can follow Cryptocurrency Liying. I will develop a personalized plan for you based on your actual situation and market trends to fundamentally solve the problems, hoping that Liying's presence will help you on your investment journey!

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

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BTC两折到手,Bybit送100U+储值返5000U!
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