Liangxi is not optimistic about the next two months, Liangxi says the cryptocurrency market is bearish! A comprehensive analysis of Bitcoin and ETH trends. Will the market continue to decline? My answer is very clear: the entire month of August will still see a drop, but a short-term rebound may occur. From a macro perspective, both August and September are weak months for Bitcoin, with significant downward pressure. However, the short-term small scale has already been oversold; around 113,000 has good resilience. I think there is a chance to rebound to around 115,000 to 116,000, and then it will be more reliable to short. Chasing a short after such a big drop feels less stable. Overall, the long-term outlook for August is bearish, and the bottom has not yet appeared. In the short term, it has already been oversold; I do not recommend chasing shorts, as there may be a slight rebound. The aggressive can go long to around 115,000. For shorting, it is best to do so at around 116,000.

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