Analyst Liang Qiu: 8.20 Bitcoin/Ether Doko continues to profit, follow the opportunities after the fall.



Bitcoin/Ethereum has had a very good overall space in the past few days with multiple deployments, especially in the Ether aspect where there are two to three hundred points of space daily. Yesterday, the deployment of three Dan Silk Roads was publicly announced again, initially long then short with over 200 points of space. Unfortunately, it fell to 4140 in the early morning and 4090, but overall the space is still quite good, as all strategies from previous articles are visible. Currently, the market started to rebound after touching the bottom at 112500 and 4060 in the early session. Looking back at this round of decline, the market fell from the high points of 124500 and 4794 to the low points of 112500 and 4060, with a relatively large overall downward space. The market has stabilized around 112000 and the mid-band of the Ether daily Bollinger Bands, so the support strength at this position will be the focus moving forward.

In terms of K-line patterns, after several consecutive days of bearish candlesticks at the daily level forming a large bearish candle, there are currently signs of a rebound, indicating a short-term stop-loss and stabilization signal. In the 4-hour cycle, there has also begun to stabilize. On the technical indicators, in the 4-hour cycle, both DIF and DEA are located below the zero axis, and the negative values are gradually narrowing, indicating a weakening of bearish momentum, suggesting a potential bullish recovery trend. In terms of trading volume, after a huge volume was released at the daily level yesterday, there is currently some rebound and stabilization, hinting that after panic selling, funds are entering the market to accumulate.

Trading suggestion: Buy Bitcoin around 112800 to 113300, target around 115000; Buy Ethereum around 4130 to 4150, target around 4250.

[The above analysis and strategies are for reference only, please bear the risk yourself. The article review and publication do not have timeliness, and the specifics are subject to real-time.] #机构以太坊储备破1000万枚# #Strategy放宽股票出售规则# #晒出我的Alpha积分#
ETH-1.72%
BTC-1.2%
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