$BTC Liying Crypto Talk: 8.17 Bitcoin (BTC) and Ethereum (ETH) latest market analysis and trading suggestions
Bitcoin’s current price is 63,000. Take a close look at the order book: although the price is still hovering around 63,000, that waterfall-style selloff no longer seems to be happening. The current market is like someone who has just recovered from a serious illness—MACD’s bearish divergence forming at the bottom: DIF and DEA have not continued making new lows; the short-side momentum has already weakened. The price is currently trading between the lower band 62,991 and the midline 63,071, and the Bollinger Bands opening is starting to contract and flatten. This suggests volatility is decreasing and a breakout or breakdown is imminent. Once the price can effectively hold above the midline 63,071, it will confirm that the short-term trend has shifted from weak to strong—a very good right-side entry signal.
Today’s Liying level forecasts
Sell short at 64,000–64,400. Stop loss: 500 points. Target: 63,500, aiming at 63,000.
Go long at 62,500–63,000. Stop loss: 500 points. Target: 63,500, aiming at 64,000.
Ethereum analysis
Ethereum’s current price is 1,884. This market is like a spring: the longer it’s compressed, the stronger the rebound—or the deeper the drop—may be later. From the chart, the EMA moving average system shows the long-term EMA120 forming resistance at 1,887. The three lines are intertwined, meaning the direction is unclear. The MACD indicator: DIF and DEA are showing a faint golden cross below the zero axis, which is a weak sideways-trading signal. The Bollinger Bands are clearly tightening: the upper band is 1,885 and the lower band is 1,877. Price is trading close to the midline, and volatility is compressed to the extreme, which usually signals an imminent trend change. Currently, the price is near the Bollinger midline; if it can hold the midline and break above the upper band with rising volume, the short-term bias is likely bullish. Conversely, if it breaks below the lower band, it may start a new leg of downside.
Latest level references
For long positions: 1,875–1,860. Stop loss: 1,840. Target: 1,900, aiming at 1,920.
For short positions: 1,910–1,915. Stop loss: 1,930. Target: 1,890, aiming at 1,870.
The above content is exclusively原创 by Liying. Please indicate the source when reprinting. The article’s review and approval may be delayed; markets change rapidly. The suggestions above are for reference only—risk is your own responsibility.
$ETH
#BTC走势分析 #ETH走势分析
Bitcoin’s current price is 63,000. Take a close look at the order book: although the price is still hovering around 63,000, that waterfall-style selloff no longer seems to be happening. The current market is like someone who has just recovered from a serious illness—MACD’s bearish divergence forming at the bottom: DIF and DEA have not continued making new lows; the short-side momentum has already weakened. The price is currently trading between the lower band 62,991 and the midline 63,071, and the Bollinger Bands opening is starting to contract and flatten. This suggests volatility is decreasing and a breakout or breakdown is imminent. Once the price can effectively hold above the midline 63,071, it will confirm that the short-term trend has shifted from weak to strong—a very good right-side entry signal.
Today’s Liying level forecasts
Sell short at 64,000–64,400. Stop loss: 500 points. Target: 63,500, aiming at 63,000.
Go long at 62,500–63,000. Stop loss: 500 points. Target: 63,500, aiming at 64,000.
Ethereum analysis
Ethereum’s current price is 1,884. This market is like a spring: the longer it’s compressed, the stronger the rebound—or the deeper the drop—may be later. From the chart, the EMA moving average system shows the long-term EMA120 forming resistance at 1,887. The three lines are intertwined, meaning the direction is unclear. The MACD indicator: DIF and DEA are showing a faint golden cross below the zero axis, which is a weak sideways-trading signal. The Bollinger Bands are clearly tightening: the upper band is 1,885 and the lower band is 1,877. Price is trading close to the midline, and volatility is compressed to the extreme, which usually signals an imminent trend change. Currently, the price is near the Bollinger midline; if it can hold the midline and break above the upper band with rising volume, the short-term bias is likely bullish. Conversely, if it breaks below the lower band, it may start a new leg of downside.
Latest level references
For long positions: 1,875–1,860. Stop loss: 1,840. Target: 1,900, aiming at 1,920.
For short positions: 1,910–1,915. Stop loss: 1,930. Target: 1,890, aiming at 1,870.
The above content is exclusively原创 by Liying. Please indicate the source when reprinting. The article’s review and approval may be delayed; markets change rapidly. The suggestions above are for reference only—risk is your own responsibility.
$ETH
#BTC走势分析 #ETH走势分析