8.2 Morning Market Analysis

Bitcoin has been falling for several days in a row, with the price dropping to a low of 113022. The 4-hour candlestick chart shows a downward trend, having broken below the lower Bollinger Band. Bearish forces dominate in the short term, and the trend is bearish. The KDJ indicator has formed a death cross and is extending outward, with the J value in the low oversold zone. The MACD indicator is below the zero line, with bearish volume increasing, and the downtrend has not yet shown significant improvement. Although the KDJ indicator suggests a potential oversold rebound, both the Bollinger Band and MACD indicators indicate bearish dominance. If the price cannot quickly recover the middle band, it is likely to continue the downward trend. It is advisable to pay attention to the support level at the previous low of 113022 and the resistance at the middle band, with a primary bearish mindset in operations, considering short positions during rebounds.

Operation Suggestions:

Bitcoin 114000-114500 range shorts, targeting a drop to around 111800-112300

Ethereum 3520-3550 range shorts, targeting a drop to around 3410-3440 $BTC $ETH #美国加征关税 #加密市场回调 #美国初请失业金人数 #美SEC启动ProjectCrypto计划 #白宫数字资产报告 58