8.6BTC/ETH Market View:

Bitcoin's daily K-line continues to be pressured below the BBI, with all three lines opening downward. The MACD continues to show bearish momentum, while KDJ and RSI are both oscillating downward. The 4-hour level is experiencing a rebound that is under pressure from the middle track, with both the upper and middle tracks opening downwards. The hourly chart is currently under pressure from the middle track, and the overall market remains weak, with the pullback yet to be completed, maintaining a primary strategy of short positions for the day.

The resistance above focuses on 114000, 115000, and 116000. As long as the market has not stabilized above 116000, we will treat it with a short position mindset. The targets below focus on 113000, 112000, and 111000. The key point of this pullback is whether the 110000 level can be defended! As mentioned on Monday, the monthly line still has a large gap waiting to be repaired, and currently the weekly K-line level support has not been effectively broken.

Ethereum's current price has fallen below the daily K-line middle track, and at the 4-hour level, it is testing the middle track support. The hourly chart is under pressure from the middle track, and similarly, the primary strategy for the day is short positions. The resistance above focuses on 3600, 3680, and 3730. Short positions should be arranged around these levels, with targets below focusing on 3550, 3450, and 3350. #香港稳定币新规