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8.26BTC/ETH market outlook:
Bitcoin has had three consecutive bearish daily candles, with the price closely following the lower Bollinger Band and trending downwards. Both the middle and lower bands are opening downwards and moving lower. The MACD continues to show increasing bearish momentum, while the KDJ and RSI are both oscillating downwards. The intraday bearish outlook remains unchanged; any rebounds are to be viewed as shorting opportunities!
The resistance levels for Bitcoin are at 110400, 110000, and 110500; consider entering short positions around these levels. The targets below to watch are 109500, 108500, and 107000.
Ethereum's daily K-line has formed a large bearish candle, currently testing the support of the middle Bollinger band, with the upper band opening downwards severely. The MACD bearish momentum is beginning to expand, while the KDJ and RSI have turned down from high positions and are fluctuating downwards. Any intraday rebound is a selling opportunity.
Resistance on Ethereum is at 4440, 4500, and 4540. Enter short positions around here, with the lower targets to focus on 4350, 4250, and 4150. #ETH创历史新高