8.6 BTC Early Morning Thought Analysis:
Yesterday early morning, Trump announced tariff previews, criticized Powell and the Labor Department... once again publicly pointed out that the Labor Department's investigation data is outdated, highly politicized, and manipulated. Powell's rate cut is too late and highly politicized,
This move aims to brag about his achievements and suppress Powell to create rhetoric for the Fed's rate cut in September, but the key factor currently affecting the cryptocurrency market's trend is still the development of global tariff issues, which still seems concerning!
In the 4-hour chart of Bitcoin, it is in a downward trend. The MACD bullish volume is shrinking, and as long as the rebound does not break the upper pressure at 115000, we will continue the previous high short strategy.
Bitcoin recommendation: short near 114200-113700, with a stop loss of 800 points.
Targets: 1132/1120, if broken, look for around 1108.
Ethereum recommendation: short near 3600-3640, with a stop loss of 40 points.
Targets: 3550/3500/3450
