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Bitcoin and Ethereum trading suggestions and future trend analysis for early morning: 8/21

2026-08-20 16:48:37
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Bitcoin and Ethereum Trading Recommendations and Future Trend Analysis (August 21): The current market is in a post-rally consolidation phase, fluctuating within a range. Although the technical indicators show a three-internal downward pattern suggesting a potential downtrend, the repeated support at the 72250 level indicates buying power in this area, limiting the downside. Externally, market sentiment is leaning towards greed, reflecting investors' optimistic expectations for future price increases. However, the rise in the US dollar index and Treasury yields may put pressure on risk assets, creating a negative impact. Therefore, the current market presents a complex situation of mixed bullish and bearish sentiment. Analyst Xiao Ma's Diary Trading Recommendations: Bitcoin: Short near 72800-73300, target 71000-70000; Ethereum: Short near 2350-2370, target 2280-2250.
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