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Bitcoin and Ethereum Afternoon Trading Recommendations and Future Trend Analysis: 8/31

2026-08-31 05:30:04
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Afternoon Trading Suggestions and Future Trend Analysis for Bitcoin and Ethereum: 8/31 The current market condition is identified as "bottoming out at low levels," with a bullish engulfing pattern forming near the 77350 support level, suggesting a potential reversal signal. However, insufficient buying power casts doubt on the validity of the reversal. Meanwhile, in the external environment, the rise in the US dollar index and Treasury yields is putting pressure on risk assets, market sentiment is neutral, and investors are cautious about future trends. Overall, the market lacks a clear directional signal and may maintain a volatile pattern in the short term. Analyst Xiao Ma's Diary Trading Suggestions: Bitcoin: Buy around 76500-77000, target around 78500-79000; Ethereum: Buy around 2380-2400, target around 2480-2500.
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