BTC big dump broke the previous low point, MACD death cross formed a short positions trend.

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[Coin World] The recent 4-hour Candlestick indicates a significant price drop compared to 2025-08-24 00:00:00, breaking below the low of 2025-08-24 04:00:00, and showing a decline from 2025-08-22 20:00:00, with bearish traders engulfing the previous candles. The last Candlestick is a Bearish line, with the Closing Price lower than the Opening Price. The current changes in price and volume: recent trading volume has increased, with volume rising compared to the previous hours, while the price falls, indicating increased selling pressure. The technical indicator analysis from the recent Candlesticks shows: based on MACD analysis, the current market trend is bearish. The MACD histogram: the histogram has shifted from positive to negative: bearish traders make a strong push. KDJ indicator: no KDJ golden cross or death cross. Based on KDJ judgment: neutral KDJ value is: 66. The MACD line crosses below the signal line from above, forming a death cross. The value of MA10 is greater than the value of MA30, dated 2025-08-24 04:00:00, and the value of MA10 is greater than the value of MA30, dated 2025-08-24 08:00:00, indicating a falling trend. Based on the latest data, the following points are inferred: buy point one: price 108993.71, buy point two: price 112998.36570000001, go long stop loss point: price 111632.74, sell point one: price 117412.0, sell point two: price 117263.41, shorting stop loss point: price 117520.67. The most recent support level: price 111543.0, the most recent resistance level: price 117412.0, the most recent high: 116935.99, the most recent low: 112193.71. Through the analysis of BTC's 4-hour Candlestick, the specific content is as follows: based on the latest data, the following points are inferred: buy point one: price 108993.71, buy point two: price 112998.36570000001, go long stop loss point: price 111632.74, sell point one: price 117412.0, sell point two: price 117263.41, shorting stop loss point: price 117520.67. The most recent support level: price 111543.0, the most recent resistance level: price 117412.0, the most recent high: 116935.99, the most recent low: 112193.71.

BTC-2.06%
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NotSatoshivip
· 08-24 14:09
bearish traders charge, it's stable
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SignatureVerifiervip
· 08-24 14:07
technically speaking, death cross patterns require further validation... statistically unreliable
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AirdropHunterZhangvip
· 08-24 13:58
It wasn't the candlestick chart that betrayed me, it was my greed.
View OriginalReply0
OnchainHolmesvip
· 08-24 13:57
buy the dip, no rush, let's observe a bit more
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