Even with Wednesday’s pullback, Bitcoin and most major altcoins are finding buyers on minor dips to underlying support levels, signaling that the trend remains bullish.
比特币 (比特币) remains on a strong footing after bears failed to capitalize on the rejection near the psychological mark at $50,000.
The recent price rise in Bitcoin has not enticed longer-term investors to part with their holdings, and Glassnode data shows that the Bitcoin supply held by long-term holders has hit a new all-time high of 12.69 百万比特币. This tops the previous record achieved in October 2020.
MicroStrategy’s recent Form 8-K filing with the United States Securities and Exchange Commission shows that the company bolstered its Bitcoin holdings by 3,907 BTC between July 1 和八月. 23. The company bought at an average price of $45,294. This brings MicroStrategy’s total holdings to 108,992 比特币, with an average price of $26,769.
然而, not everyone is bullish in the short term. 约翰·布林格, the creator of the popular technical analysis Bollinger Bands indicator, sounded a note of caution to traders and suggested that they “take some profits or hedge a bit.” He said there was no confirmation of a fall yet, but if it happened, hodlers could use the lower levels to buy more.
After Aug. 25’s minor correction, could Bitcoin and altcoins resume their up-move? 让我们分析顶部的图表 10 找出加密货币.
BTC / USDT
比特币 (比特币) broke above the psychological barrier at $50,000 在八月. 23, but the long wick on the day’s candlestick showed profit-booking at higher levels. The selling continued on Aug. 24 and on Aug. 25, which pulled the price down to the support line of the rising wedge pattern.
The bulls are currently defending the support line. 如果反弹持续, the bulls will have another go at the overhead resistance zone of $50,000 至 $50,500. If it clears this hurdle, the BTC/USDT pair may rally to the resistance line of the wedge.
A breakout and close above the wedge will suggest strength and could attract further buying. That may clear the path for a rally to $60,000. The rising 20-day exponential moving average (EMA) ($46,014) 和相对强度指数 (相对强弱指数) in the positive zone indicate an advantage to buyers.
This positive view will invalidate if bears sink the price below the 200-day simple moving average (中学) ($45,977). That may result in a decline to $42,451.67.
ETH / USDT
The bulls pushed Ether (ETH) 高于架空阻力在 $3,335 在八月. 23 和八月. 24, 但他们无法承受更高的水平. This suggests that bears are defending the level aggressively.
The ETH/USDT pair dropped to the 20-day EMA ($3,080) 在八月. 25, but the long tail on the candlestick shows buying at lower levels. If the price sustains above the 20-day EMA, the buyers will take another shot at pushing the pair above $3,335.
如果他们能把它拉下来, the pair may resume its uptrend, 可能达到 $3,670 接着 $4,000. 反之, 如果价格再次从 $3,335, a few days of consolidation is possible. The first sign of weakness will be a break and a close below $3,000. If bears sustain the price below this level, 该货币对可能跌至 200 日均线 ($2,352).
ADA / USDT
卡尔达诺 (有) witnessed profit-booking near the psychological level at $3 在八月. 24, but a positive sign is that bulls are not giving up much ground. The long tail on Aug. 24’s and Aug 25’s candlestick suggests accumulation at lower levels.
If the price rebounds off the current level or the breakout level at $2.47, it will indicate that the sentiment remains positive and bulls are buying on dips. The bulls will then try to resume the uptrend by pushing the price above $3. 如果他们能够做到这一点, the ADA/USDT pair may rise to $3.50.
另一方面, if the price once again turns down from the overhead resistance, the pair may consolidate between $3 和 $2.47 几天. 休息一下并在下方收盘 $2.47 可能会将价格拉低至20天均线 ($2.20). The bears will have to sink the price below this support to gain the upper hand.
BNB / USDT
After the strong up-move on Aug. 23, 币安币 (BNB) made an inside-day candlestick pattern on Aug. 24. This suggests indecision among the bulls and the bears. 目前, the buyers are attempting to resolve the uncertainty in their favor.
If bulls push and sustain the price above $509.72, the BNB/USDT pair could start its northward journey toward $600. 上升的20天EMA ($420) and the RSI in the overbought zone suggest that buyers have the upper hand.
与此假设相反, 如果价格从 $509.72, the pair may drop to the breakout level at $433 and consolidate between these two levels for a few days. A break and close below the 20-day EMA could result in a decline to $385.47 and then to the 200-day SMA ($358).
XRP / USDT
The long wick on XRP’s Aug. 23 candlestick shows that bears are attempting to stall the recovery in the $1.30 至 $1.35 区. This may have led to profit-booking from short-term traders, resulting in a drop to the 20-day EMA ($1.08).
The bulls are likely to aggressively defend the breakout level at $1.07. 如果价格从支撑位反弹, the XRP/USDT pair could rise to the downtrend line and above it to $1.35. A breakout and close above this resistance will signal the resumption of the uptrend.
与此假设相反, 如果空头使价格跌破 $1.07, 该货币对可能跌至 200 日均线 ($0.86). Such a move will suggest that the bullish momentum has weakened and the pair may trade in a range for a few days.
DOGE / USDT
狗狗币 (狗狗) turned down from the downtrend line on Aug. 24 and dropped to the 20-day EMA ($0.28). Although bulls have defended the support, the failure to achieve a strong rebound suggests a lack of aggressive buying.
If bears sink the price below the 20-day EMA, the DOGE/USDT pair could drop to the next support at $0.21. Such a move will suggest that the recent breakout above $0.29 是一个公牛陷阱. The pair could then remain range-bound between $0.21 和 $0.29 几天.
The flattening 20-day EMA and the RSI just above the midpoint also suggest a consolidation in the short term. 反过来, if the price turns up from the current level and rises above the downtrend line, 这对可能会反弹 $0.35. A breakout and close above this resistance could open the gates for an up-move to $0.45.
The failure of the bulls to push Polkadot (点) 高于架空阻力在 $28.60 for the past few days attracted profit-booking on Aug. 24. The price dropped close to the 20-day EMA ($23.84), but the buyers are attempting a rebound.
The bulls will now make one more attempt to thrust and sustain the price above the overhead resistance. If they manage to do so, the DOT/USDT pair will complete a V-bottom, 其中有一个模式目标在 $46.83.
反之, if the bounce fizzles out and bears sink the price below the 20-day EMA, it will suggest that the bullish momentum has weakened. 然后这对可以下降到 $18 and remain range-bound for a few more days.
SOL / USDT
索拉纳 (溶胶) is currently correcting the sharp up-move of the past few days. This suggests that traders are booking profits. The critical support to watch on the downside is the breakout level at $58.38.
向上倾斜的20天EMA ($59) and the RSI in the overbought territory indicate that bulls have the upper hand. 如果价格反弹 $58.38, it will suggest that traders continue to accumulate on dips. 多头然后将再次尝试恢复上升趋势.
突破并在上方收盘 $82 may start the next leg of the up-move. 另一方面, 如果价格从 $82, the SOL/USDT pair could remain range-bound for a few days. 休息一下并在下方收盘 $58.38 will suggest that bears are making a strong comeback.
有关: Bitcoin erases BTC price dip but $48.2K is now key to avoid bull trap
UNI / USDT
The long wick on the Uniswap (UNI) candlestick showed that bears continue to defend the overhead resistance at $30 在八月. 23. That may have attracted profit-booking from short-term traders on Aug. 24, which pulled the price below the moving averages.
If bulls fail to sustain the price above the moving averages, the UNI/USDT pair could drop to $23.45. A strong bounce off this level will suggest that traders are buying on dips. 这可以使该对之间保持区间震荡 $23.45 和 $30 再过几天.
The flat moving averages and the RSI near the midpoint suggest a few days of consolidation. 突破并收于上方 $30 至 $31.25 overhead resistance zone will signal the start of a new uptrend.
BCH / USDT
比特币现金 (生物安全信息交换所) turned down from the $700 至 $714.76 overhead resistance and slipped below the 200-day SMA ($657) 在八月. 24. 多头目前正试图捍卫20天均线 ($632), 这是一个积极的信号.
If the price rebounds off the current level and rises above the 200-day SMA, the BCH/USDT pair could rise to the overhead resistance zone. A breakout and close above this zone could open the doors for a rally to $806.87.
反过来, if bears sink the price below the 20-day EMA and the $619 支持, the pair could witness a deeper correction to $588 接着 $550. Such a move will point to a few days of consolidation.
这里表达的观点和观点仅是作者的观点，不一定反映Cointelegraph的观点。. 每笔投资和交易动作都涉及风险. 您在做出决定时应该进行自己的研究.