8.27 Bitcoin and Ethereum Market Trend Analysis and Trading Suggestions!

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8 hours ago

Trading Philosophy: Look for trends in the long term, find entry points in the short term;

Technical Analysis: For Bitcoin, the daily candlestick closed bullish around 111700, the Bollinger Bands continue to open downwards, the MACD moving average continues to trend downwards, bearish volume continues to increase, and the KDJ continues to trend downwards. On the 4-hour chart, the Bollinger Bands have started to close downwards, the MACD moving average has begun to flatten and trend upwards, bullish volume is starting to increase, and the KDJ line has started to flatten and trend upwards;

For Ethereum, the daily candlestick closed bullish around 4598, the Bollinger Bands continue to close, the MACD moving average continues to trend downwards, bearish volume continues to increase, and the KDJ line continues to trend downwards. On the 4-hour chart, the Bollinger Bands have started to close downwards, the MACD moving average has begun to flatten, bearish volume continues to decrease, and the KDJ line has started to trend upwards;

Currently, the market is rebounding after a deep correction, and it is recommended to continue shorting at high levels!

Trading Advice: Short at high levels!

Short Bitcoin at 111000-111500, target 109000-108000, stop loss at 112500;

Short Ethereum at 4600-4640, target 4500-4400, stop loss at 4700;

The strategy is time-sensitive, please refer to private real-time guidance for specifics!

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