On August 23, Ethereum's morning rally broke new highs. With expectations of interest rate cuts and the momentum from Ethereum's rally, Bitcoin followed suit.

CN
9 hours ago

Cryptocurrency News

Hot Topics on August 23:

1. Powell: The stable unemployment rate allows the Federal Reserve to "act cautiously" when considering adjustments to policy stance.

2. Trish Turner, the top cryptocurrency official at the IRS, resigns to join a cryptocurrency tax company.

3. Jito has submitted the S-1 filing for the VanEck JitoSOL ETF.

4. Ethena has approved BNB under the new framework to support USDe, indicating a possible addition of XRP and HYPE.

5. Trump: I will fire Fed Governor Cook if she does not resign.

Trading Insights

BTC false breakout rebound, ETH hits a four-year high! With Powell's dovish tone and Trump's token coming, here's how to position for the future. 1. Core cryptocurrency dynamics: After a false breakdown, BTC quickly rebounded, and bullish sentiment has not fully reversed, so be cautious of the risk of chasing highs; ETH reached a four-year high driven by spot buying, and the market reaction seems excessive. The weekend will likely focus on liquidity accumulation and indicator repair, so watch for pullback entry opportunities. 2. Platform token performance: OKB remains strong, although at a high level, it is supported by fundamentals and still has medium to long-term allocation value, with no clear top yet. 3. Macroeconomic policy impact: Powell released dovish signals at the Jackson Hole meeting, mentioning labor market risks and the possibility of rate cuts, easing tightening concerns and providing support for risk assets. 4. New political and market hotspots: Former U.S. President Trump demands the resignation of Fed Governor Cook, which may create political uncertainty and disrupt the market; the Trump family-related token WLFI is expected to open airdrop and trading on the Ethereum chain at 20:00 (mainland time) on September 1, likely becoming a new narrative hotspot. 5. Overall operational advice: The market is still in a period of consolidation, and investors need to control their positions, remain patient, and avoid blind operations driven by emotions.

LIFE IS LIKE

A JOURNEY ▲

Below are the real trading signals from the Big White Community this week. Congratulations to those who followed along; if your trades are not going well, you can come and test the waters.

The data is real, and each trade has a screenshot from when it was issued.

**Search for the public account: *Big White Talks Coins*

BTC

Analysis

BTC daily line rose from a low of around 111,650 to a high of around 117,400 yesterday, closing around 116,900. The support level is near MA60; if it breaks, it could drop to around MA90. A pullback can be used to enter long positions nearby. The resistance level is near MA14; if it breaks, it could rise to around 120,000. A rebound to this level can be used to enter short positions. MACD shows a decrease in bearish volume. The four-hour support level is near MA360; if it breaks, it could drop to around 113,250. A pullback can be used to enter long positions nearby. The resistance level is near MA200; if it breaks, it could rise to around 117,900. A rebound to this level can be used to enter short positions. MACD shows a decrease in bullish volume.

ETH

Analysis

ETH daily line rose from a low of around 4,205 to a high of around 4,890 yesterday, closing around 4,830. The support level is near MA14; if it breaks, it could drop to around MA30. A pullback can be used to enter long positions nearby. The price could again reach new highs. MACD shows an increase in bullish volume, forming a golden cross. The four-hour support level is near 4,515; if it breaks, it could drop to around MA30. A pullback can be used to enter long positions nearby. MACD shows a decrease in bullish volume.

Disclaimer: The above content is personal opinion and for reference only! It does not constitute specific operational advice and does not bear legal responsibility. Market conditions change rapidly, and the article may have some lag. If you have any questions, feel free to consult.

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。

注册送$10,000,闪兑瓜分10,000U,轻松拿300U!
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink