8.2 Qin Feng's Thoughts at Dawn

The evening market fluctuated widely in the range of 116000 - 114000. The current candlestick is a lower shadow cross bearish column, with an increase in short positions pushing down, indicating some release of strength. At the four-hour level, the shorts are reducing volume and closing with a small bullish candle, temporarily halting the bearish momentum. At the hourly level, there is an increase in long positions, showing signs of a counterattack from the bulls. The subsequent tug-of-war between bulls and bears may intensify, so it is important to closely monitor key levels.

For Bitcoin, short positions are taken around 114800-115000, targeting approximately 113500.

For Ethereum, short positions are taken around 3620-3580, targeting approximately 3550. #btc #姨太