8.1 Morning Analysis

Yesterday's bearish signal was given, BTC moved down 4000 points, ETH down 200 points, and you profited from it.

The selling pressure from the big players is strong, and a continued decline is highly likely. A slight increase will not change the bear market dominance, so do not rush to catch the bottom; set a good stop loss.

BTC declined from the 119200 level yesterday afternoon, breaking through the box support and the previous low of 114667. Pay attention to the new low of 114239 and the weekly K middle track at 113800.

BTC: Short around 1158—1163 Target 1140

ETH: Short around 3720—3750 Target 3620