$BTC Liying Discusses Coin: Latest BTC and ETH Market Analysis on 8/30
Family members! Bitcoin is currently at 77,800. The recent pullbacks over the past few days make it clear that “being too high can’t keep you warm.” The technical indicators currently lean cautiously. In the EMA moving-average system, the short-term EMA7 has already crossed below the mid-term EMA30, forming the early stages of a “dead cross,” and price is trading below the EMA30. This indicates that short-term upside momentum has weakened and bearish strength has increased. The MACD shows that both DIF and DEA are below the zero axis and continue to fall, suggesting that the downtrend has not yet ended. Price has broken below the midline at 78,382 and is now testing support at the lower band of 76,414. If there is a convincing breakdown below the lower band, it may trigger a new round of declines. Conversely, if price stabilizes at the lower band and rebounds, it could return to trading above the midline and consolidate.
Overall, the technical picture is bearish, but early signs of oversold conditions are appearing. Be alert to a rebound that could be a bull trap.
Short-term trading ideas (reference):
Go long at 77,000–76,500, stop loss at 500 points, target 78,500, aiming for 79,500.
Go short at 79,500–80,500, stop loss at 500 points, target 78,500, aiming for 77,500.
Ethereum
Family members, Ethereum is currently at 2,444. It has gone up a lot—time to take a breather. It’s clearly in a consolidation-and-pullback phase now. It can’t go up, and it can’t go down. From a technical standpoint, the EMA system shows that short-term EMA7 has crossed below mid-term EMA30, forming a dead-cross suppression. However, the long-term EMA120 is still diverging upward, indicating that the long- and mid-term trend is not broken. For MACD, after a dead cross occurred above the zero axis, DIF and DEA have continued to decline. This suggests bearish momentum is weakening, but bulls have not launched a comeback. The Bollinger midline at 2,459 acts as the current resistance, while the lower band at 2,400 is strong support. Price is trading between the mid and lower bands, which indicates a weak consolidation pattern. Overall, the market is in a balance: resistance overhead and support below, waiting for a directional choice.
Short-term key levels (reference):
Go long at 2,430, defend at 2,400, stop loss 40 points, target 2,470, aiming for 2,520.
Go short at 2,490, defend at 2,520, stop loss 40 points, target 2,460, aiming for 2,420.
The above content is exclusively原创 by Liying. If reposting, please indicate the source! The article publishing review may be delayed; the market changes rapidly. The suggestions above are for reference only—risk is your own responsibility.
$ETH
#BTC走势分析 #ETH走势分析
Family members! Bitcoin is currently at 77,800. The recent pullbacks over the past few days make it clear that “being too high can’t keep you warm.” The technical indicators currently lean cautiously. In the EMA moving-average system, the short-term EMA7 has already crossed below the mid-term EMA30, forming the early stages of a “dead cross,” and price is trading below the EMA30. This indicates that short-term upside momentum has weakened and bearish strength has increased. The MACD shows that both DIF and DEA are below the zero axis and continue to fall, suggesting that the downtrend has not yet ended. Price has broken below the midline at 78,382 and is now testing support at the lower band of 76,414. If there is a convincing breakdown below the lower band, it may trigger a new round of declines. Conversely, if price stabilizes at the lower band and rebounds, it could return to trading above the midline and consolidate.
Overall, the technical picture is bearish, but early signs of oversold conditions are appearing. Be alert to a rebound that could be a bull trap.
Short-term trading ideas (reference):
Go long at 77,000–76,500, stop loss at 500 points, target 78,500, aiming for 79,500.
Go short at 79,500–80,500, stop loss at 500 points, target 78,500, aiming for 77,500.
Ethereum
Family members, Ethereum is currently at 2,444. It has gone up a lot—time to take a breather. It’s clearly in a consolidation-and-pullback phase now. It can’t go up, and it can’t go down. From a technical standpoint, the EMA system shows that short-term EMA7 has crossed below mid-term EMA30, forming a dead-cross suppression. However, the long-term EMA120 is still diverging upward, indicating that the long- and mid-term trend is not broken. For MACD, after a dead cross occurred above the zero axis, DIF and DEA have continued to decline. This suggests bearish momentum is weakening, but bulls have not launched a comeback. The Bollinger midline at 2,459 acts as the current resistance, while the lower band at 2,400 is strong support. Price is trading between the mid and lower bands, which indicates a weak consolidation pattern. Overall, the market is in a balance: resistance overhead and support below, waiting for a directional choice.
Short-term key levels (reference):
Go long at 2,430, defend at 2,400, stop loss 40 points, target 2,470, aiming for 2,520.
Go short at 2,490, defend at 2,520, stop loss 40 points, target 2,460, aiming for 2,420.
The above content is exclusively原创 by Liying. If reposting, please indicate the source! The article publishing review may be delayed; the market changes rapidly. The suggestions above are for reference only—risk is your own responsibility.
$ETH
#BTC走势分析 #ETH走势分析
