Gu Jingci: Bitcoin and Ethereum Evening Trading Strategy with Market Analysis (August 26)

The Bitcoin/Ethereum short-selling strategy repeatedly recommended yesterday during the day and evening sessions successfully captured 4000 points and 140 points of profit. Currently, the market has been consolidating in a narrow range since the morning rebound, with weak upward momentum and significant resistance above. The 4-hour Bollinger Bands are extremely narrowing, and multiple attempts to break higher followed by pullbacks indicate continued selling pressure. On the daily chart, a large bullish candle with high volume broke through recent highs, followed by a large bearish candle pullback. Recently, the market has stabilized after the pullback and rebounded slightly, but the strength of the rebound and trading volume have both weakened, indicating insufficient upward momentum. On the 4-hour chart, both the DIF and DEA lines are above the zero line, indicating that the medium-to-long-term bullish trend remains intact. However, the DIF line has crossed below the DEA line, forming a death cross, and the MACD histogram is negative and expanding, indicating weakening short-term upward momentum and a risk of pullback. Furthermore, the gradually shrinking trading volume during the rebound over the past two days suggests insufficient upward momentum and potential resistance above. Evening Trading Suggestions: Short Bitcoin around 78500-79000, target around 77000; Short Ethereum around 2460-2480, target around 2400. Analysis and strategies are for reference only; please bear your own risks. Article review and publication are not timely; please refer to real-time information.