Analysis of Bitcoin and Ethereum market on the evening of August 23 and trading strategy

The daily chart shows that a large bullish candle was formed last night, breaking through the previous consolidation range, but today a bearish candle appeared, indicating that the upward momentum has weakened. On the hourly chart, there has been recent high-level consolidation, with prices repeatedly testing between 4750 and 4700, leading to a stalemate between bulls and bears in the short term. In the MACD hourly chart, the DIF and DEA are gradually declining, and the histogram has turned from positive to negative, indicating a decline in short-term bullish momentum; the daily chart remains above the zero axis, and the bullish trend has not completely changed. The RSI on the hourly chart has fallen from the overbought area and is currently close to 60, indicating significant short-term adjustment pressure; the daily RSI remains below 70 and has not entered an extreme overbought state. The hourly EMA7 has crossed below EMA30, showing clear short-term moving average pressure; the daily EMA7, EMA30, and EMA120 are in a bullish arrangement, indicating that the medium to long-term trend is still upward.
Ethereum: Buy near 4680-4710, target around 4800
Bitcoin: Go long around 114500-115000, target near 116800 #加密市场反弹 #美联储7月会议纪要 #加密概念美股普涨 #杰克逊霍尔会议