8.6 Wednesday Morning Bitcoin Trend Analysis

Good morning everyone! Looking back at yesterday's market, it was still a bear-dominated trend. The highest point during the day was 115,000, but with the influence of evening news and U.S. stocks, it dropped to around 112,500. Although there are some signs of a pullback now, the highs are showing a stepwise decline, indicating strong selling pressure above. We suggest focusing on short positions for intraday trading,

Short Bitcoin around 114,500-115,000, looking down to 112,500-110,000.