Bitcoin and Ethereum Evening Trading Recommendations and Future Trend Analysis: 8/24 The current market is in a high-level consolidation phase, with technical indicators showing clear bearish signals, especially the bearish engulfing pattern formed at the high level, indicating weakening upward momentum and a potential short-term pullback risk. Although market sentiment leans towards greed, with investors optimistic about future price increases, the mixed sentiment in the external environment may exacerbate market uncertainty. In particular, the price is approaching the strong resistance level of 79555.5 while hovering around the support level of 76802.9, forming a significant support and resistance zone. Therefore, investors should be cautious when trading and pay attention to the effectiveness of the support levels. Analyst Xiao Ma's Diary Trading Recommendations: Bitcoin: Add to short positions near 78500, with a target of 77000-76000. Ethereum: Add to short positions near 2490, with a target of 2400-2350.
Bitcoin and Ethereum Evening Trading Recommendations and Future Trend Analysis: 8/24
2026-08-24 12:16:20
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