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 trading market. Watching those constantly rising and falling curves can be dazzling, and some investors even 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.
Liying in the cryptocurrency world: Latest market analysis for Bitcoin on 8.23
Article published on 2025.8.23-------00:10
The current price of Bitcoin is 117,000. Liying has identified that Bitcoin is currently in a range-bound oscillation pattern, with technical indicators showing that the price is approaching a key support level of 116,500. A bullish engulfing pattern and a golden cross of short-term moving averages indicate bullish resonance. However, Liying has noted a significant divergence risk due to shrinking trading volume and an overbought RSI, suggesting that the price may face downward pressure in the short term. Key resistance levels at 117,700 and 118,400 limit the upward potential. Therefore, Liying recommends that the current market is in a range-bound state, with the price nearing the strong resistance level of 117,800. Combined with shrinking trading volume and an overbought RSI, this suggests that the price may pull back near the resistance level. Thus, a strategy of shorting at high levels is advised, with a stop-loss if the price breaks and holds above 118,000. The price is close to the strong support level of 116,500, and the bullish engulfing pattern along with the golden cross of short-term moving averages indicates potential for a rebound near the support level. Therefore, a strategy of buying at low levels is recommended.
Today's Liying point prediction
Shorting point: 117,500, add at 118,000, stop-loss at 500 points, target at 115,500
Longing point: 116,500, add at 116,000, stop-loss at 500 points, target at 114,000
Ethereum analysis
The current price of Ethereum is 4,650. Liying has found that the current technical indicators for Ethereum are relatively contradictory to the external environment. The technical indicators show that the ETH price has broken through the key resistance level of 4,670, accompanied by a golden cross of short-term moving averages, indicating a clear upward trend. However, Liying has observed extreme shrinkage in trading volume and an overbought RSI, suggesting doubts about the validity of the current breakout, and the market may face short-term pullback pressure. Therefore, Liying recommends that the risk of a short-term pullback is increasing. Thus, Liying chooses to adopt a high shorting strategy as the price approaches the resistance level of 4,795, with a stop-loss if the price breaks and holds above 4,810. The support level is at 4,430, which is the previous low, and the market sentiment is neutral, indicating a potential rebound after a short-term pullback. Therefore, a strategy of buying at low levels is recommended as the price approaches the support level of 4,430, with a stop-loss if the price falls below 4,400.
Latest point reference
Longing point: 4,450, add at 4,400, stop at 50 points, target at 4,550
Shorting point: 4,750, add at 4,800, stop at 30 points, target at 4,450
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 terrifying thing in the market is not the absence 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 profit from both rising and falling markets as long as you get the direction right! 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 may have delays, 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 anticipate the risks we may encounter in our operations. Good risk control is essential for us to remain undefeated in our investments. If you are still confused in the cryptocurrency world, always making small profits and large losses, struggling to grasp buying and selling points, unable to read the direction, or manage your mindset, you can follow Liying in the cryptocurrency world. I will develop a personalized plan for you based on your actual situation and market trends to genuinely solve the fundamental problems. I hope Liying's presence will be helpful to you on your investment journey!
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