Analyst Liang Qiu: Bitcoin/Ether repeatedly surged and fell on 8.22, along with an analysis of the flight situation in the early morning.

Bitcoin/Ethereum market sentiment has repeatedly surged and then retreated, and the market sentiment is weakening again, especially in the case of Bitcoin, which has tested the 112000 level multiple times. Under this trend, it is also likely to break down directly. Ether has also surged multiple times today, with a clear tug of war around 4300, and in the future, we will look for a pullback under the pressure at this position.

The K-line pattern on the daily level shows that the recent price is oscillating at a high position, with multiple highs and retreats in market conditions. Bitcoin has weakened first and the rebound is weak, while a continuous retracement trend appears on the 4-hour level, with high points gradually decreasing and low points also slightly rising, presenting a short-term consolidation pattern. In terms of technical indicators, on the 4-hour cycle, the MACD histogram has turned from red to green, and both DIF and DEA are below the zero axis, indicating that the current momentum is weak, but the bearish forces are slowing down.

Early morning operation suggestion: short Bitcoin around 112800 to 113300, with a target near 115000; short Ether around 4260 to 4280, with a target near 4160.

[The above analysis and strategies are for reference only. Please bear the risks yourself. The article review and publication do not guarantee timeliness, and specifics are subject to real-time conditions.] #Gate全球首发上线YZY# #加密市场反弹# #美联储7月会议纪要#