#BTC# 8.25 Morning Thoughts



The current price of BTC is strongly rising. The 1-hour candlestick chart shows the price closely following the upward short-term moving averages, which are in a bullish arrangement and getting steeper. The MACD has crossed above the zero line for the second time, with the red bars significantly widening and volume increasing in sync, indicating dominant bullish strength. The short-term upward trend of BTC is clear, which may further open up upward space.

Pancake suggestion: Buy near 112600, look at 113200 to 113800.
Ethereum suggestion: Buy around 4720, look for 4760 to 4800.
BTC-0.97%
ETH-3.48%
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