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.
Liying in the cryptocurrency world: Latest market analysis for Bitcoin on August 31
Article published on 2025.8.31-------00:10
The current price of Bitcoin is 108,800. Liying has identified the current range-bound pattern of Bitcoin, with prices operating between a strong support level of 107,350 and a strong resistance level of 112,000. The technical analysis shows a significant divergence in bullish and bearish forces: on one hand, the recent bullish engulfing pattern suggests the possibility of a short-term rebound; on the other hand, the bearish arrangement of the moving averages and the extreme contraction in trading volume indicate weak market sentiment, necessitating caution against the risk of losing support. After a significant decline, the daily chart shows signs of a rebound, but overall it remains in a downward trend. The 2-hour candlestick chart shows a fluctuating upward trend but has not yet broken through a significant resistance level. The MACD on the 2-hour chart shows weakening momentum, with a potential golden cross expected; the daily chart remains in a bearish state, and attention should be paid to whether further recovery occurs. The resistance above the EMA on the 2-hour chart is significant; overall, Liying suggests preparing for a sideways market today, ready to buy high and sell low.
Today's Liying point prediction
Long entry at 107,500, add long at 107,000, stop at 500 points, target at 109,500
Short entry at 109,500, add short at 110,000, stop at 500 points, target at 118,000
Ethereum analysis
The current price of Ethereum is 4,370. Liying observes that Ethereum is currently in a low-level bottoming phase. The technical analysis shows that the price is approaching a strong support level of 4,160, accompanied by a bullish engulfing pattern, which is usually a positive signal for a short-term rebound. However, trading volume has significantly decreased, indicating insufficient market momentum, and the price remains below the long-term moving averages, suggesting that the rebound may face resistance. The daily chart has formed a large bearish candlestick over the past two days, and it is currently in a consolidation phase. Today's closing price is slightly higher than yesterday's, but overall it has not broken through the previous high. The 2-hour candlestick chart shows a slight rebound, but there is heavy selling pressure above, with multiple tests of support around 4,370 in the short term. The MACD on the daily chart shows weakening bearish momentum, and the EMA on the 2-hour chart provides support, indicating that the medium to long-term trend remains bearish. Therefore, Liying suggests that if the main force encounters significant resistance while pushing upward, it may consider placing short positions, while bulls should wait to determine their strategy after testing the bottom.
Latest point reference
Long entry at 4,300, add at 4,250, stop at 30 points, target at 4,450
Short entry at 4,450, add at 4,500, stop at 30 points, target at 4,350
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 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 buy up or down; as long as you get the direction right, both long and short can make money! 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 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 anticipate the risks we may encounter in our operations. Good risk control is essential to ensure our investments remain undefeated. 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, genuinely addressing the root of the problems. I hope Liying's presence will be helpful to 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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