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- Hey Square fam! How many Alpha points have you racked up lately?
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Dare to trade. Dare to win.
Latest analysis of BTC/ETH on the evening of 8.3
The current 4-hour candlestick chart shows that the price is operating within the lower middle range of the Bollinger Bands, undergoing a consolidation phase. The KDJ indicator has formed a golden cross and is extending upwards, while the MACD indicator is currently in the negative zone, signaling a short-term trend strengthening.
Pay attention to the resistance area above during the day. If it does not break 114700, it will directly fall. The first support below is at 112500, and if it continues to fall at the hourly level, watch for 111300.
Operation Suggestions
BTC: Range 114500-115000, looking down near 112500-111300
ETH: Range between 3510-3550, looking down towards around 3420-3330.