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BTC

BTC's 1-hour price trend: Down.

This is a 1-hour Binance BTC/USDT K-line chart, with the latest price at: 58550.0 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

• Buy Point 1: 59000 USDT (considering EMA(30) is nearby, may provide support)

• Buy Point 2: 58500 USDT (close to the lowest price, if there is further decline, this position may be a stronger psychological and technical support level)

• Long position stop loss: 58200 USDT (below Buy Point 2, allowing for market fluctuations to avoid triggering stop loss due to minor oscillations)

• Sell Point 1: 59500 USDT (resistance area repeatedly tested recently, suitable as an initial profit-taking point)

• Sell Point 2: 60000 USDT (close to the previous high of 60250, expected to encounter selling pressure, suitable as a profit-taking point for higher targets)

• Short position stop loss: 60500 USDT (above Sell Point 2, leaving enough space to deal with adverse fluctuations)

【Price Trend Analysis】

1. K-line pattern:

   • The latest K-line shows a significant decline, with a relatively long body, no obvious upper or lower shadow, indicating that the sellers are controlling the market.
   • After reaching a high of 60250 in the past few hours, the price has continued to fall without any obvious reversal signals.

2. Technical indicators:

   • MACD indicator: The latest DIF value is negative and far from the DEA line, the MACD histogram has expanded into negative territory, indicating a strong bearish trend.
   • KDJ indicator: The K value (15.04) is lower than the D value (26.59), the J value (-8.05) is below 0, implying oversold potential, but overall still leaning towards bearishness.
   • EMA indicator: The closing price is below EMA(7) and EMA(30), showing a downward trend.

3. Volume:

   • Recent volume has increased, especially when the price is falling, which may indicate heavy selling pressure in the downtrend.
   • However, the volume has not shown extreme surges, further observation is needed to see if there will be fund intervention to support the price.

ETH

ETH's 1-hour price trend: Sideways.

This is a 1-hour Binance ETH/USDT K-line chart, with the latest price at: 2616.99 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

• Buy Point 1: 2600 USDT (recently rebounded after touching this price level multiple times, showing strong support)

• Buy Point 2: 2585 USDT (near the lowest price, may attract buying interest if there is further decline)

• Long position stop loss: 2570 USDT (providing enough space to avoid stop loss due to minor fluctuations, and below the recent low within the period)

• Sell Point 1: 2650 USDT (close to the short-term EMA(7) and EMA(30), may face resistance)

• Sell Point 2: 2680 USDT (close to the highest price, if the price rises to this level, it may encounter greater selling pressure)

• Short position stop loss: 2700 USDT (exceeding the recent high points, providing a safe cushion for short operations)

【Price Trend Analysis】

1. K-line pattern:

   • Recent K-lines show significant price fluctuations, with multiple long upper and lower shadows, indicating intense competition between buyers and sellers at these price levels.
   • The latest period has a small bearish candlestick, with the closing price lower than the opening price, suggesting some downward pressure.

2. Technical indicators:

   • In the MACD indicator, both DIF and DEA are in positive territory, but the MACD histogram is negative, indicating that although the long-term trend is still positive, there may be short-term adjustments.
   • In the KDJ indicator, the J value (-6.22) is much lower than K (23.92) and D (38.98), indicating oversold conditions and the possibility of a rebound.
   • In the EMA indicator, EMA(7) is above EMA(30), but the gap is gradually narrowing, indicating weakening short-term momentum, and the need to be cautious of trend changes.

3. Volume:

   • The volume has decreased in the past few hours, especially when the price is falling, and the volume has not significantly increased, indicating insufficient downward momentum.
   • The increase in volume accompanying price increases is more pronounced, such as the 20:00 period on August 18, indicating a high level of buying participation.

RARE

RARE's 1-hour price trend: Down.

This is a 1-hour Binance RARE/USDT K-line chart, with the latest price at: 0.2554 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

• Buy Point 1: 0.2200 USDT (recently found support at this level, and near EMA(30), may see a rebound)

• Buy Point 2: 0.2000 USDT (if it falls below the previous support level, the next psychological and technical support level is around 0.20)

• Long position stop loss: 0.1900 USDT (below Buy Point 2 and with enough space to avoid stop loss due to minor fluctuations)

• Sell Point 1: 0.2700 USDT (previous high point area, may encounter selling pressure)

• Sell Point 2: 0.3000 USDT (close to the high point on August 18, if it breaks through, the bullish momentum may be strong, but also need to guard against pullbacks)

• Short position stop loss: 0.3100 USDT (above Sell Point 2, setting a higher stop loss point conservatively to reduce short selling risk)

【Price Trend Analysis】

1. K-line pattern:

   • The recent K-line shows significant price fluctuations. A long upper shadow candlestick appeared at 15:00 on August 18, indicating that although there was buying pressure pushing the price higher, the closing price eventually fell, possibly due to heavy selling pressure.
   • From 19:00 on August 17 to 16:00 on August 18, the price experienced a significant upward trend, with multiple long-bodied candlesticks, indicating that the buyers were controlling the market.

2. Technical indicators:

   • In the MACD indicator, the DIF and DEA started to decline after August 18, and the MACD value turned from positive to negative, suggesting a possible strengthening of the short-term bearish trend.
   • In the KDJ indicator, the J value peaked on August 18 and then declined, and the K and D lines also showed a downward trend, which may indicate overbought conditions and a potential price correction.
   • In the EMA indicator, the 7-day EMA started to slope downwards after August 18, while the 30-day EMA is still slowly rising. The short-term moving average crossing below the long-term moving average could be a sell signal.

3. Volume:

   • The volume increased significantly during rapid price increases, such as the 15:00 period on August 18, indicating increased participation and buying interest.
   • Subsequently, as the price oscillated downward, the volume gradually decreased, indicating weakened market momentum, which could lead to further price declines.

※All content is provided by the intelligent analysis assistant Little A, and is for reference only, not constituting any investment advice!

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