8.3BTC/ETH Market Outlook:

Bitcoin monthly K and weekly K both show a need for pullback. Although the daily K has already experienced a significant pullback and shows a demand for rebound, the bearish trend has not weakened. Therefore, the main strategy is to maintain a short position, and when there is a rebound, consider shorting rather than chasing after upward momentum.

The lower and middle bands of the daily K Bollinger Bands are both opening downward, and the price has not yet rebounded to stay above the upper and lower bands. The MACD continues to show bearish momentum, while the KDJ and RSI are both trending downward. On the 4-hour level, a pullback to 118850 has stopped the decline and initiated a rebound; the MACD shows a decrease in bearish momentum, the KDJ has crossed upward, and the RSI is turning upward, indicating a demand for rebound. The primary strategy for the day is to maintain a high short position without being too aggressive in shorting; for short-term experts, taking short long positions is also a viable option!

For Bitcoin, the upper resistance levels to watch are 113500, 114500, and 115500. Shorts can be considered around these levels, while the lower targets are 112500-111500-110500.

For Ethereum, the upper resistance levels are 3430, 3470, and 3510. Shorts can be considered around these levels, while the lower targets are 3380-3330-3280. #加密项目