Long upper shadow shooting star, initial signs of weak demand. Brothers, yesterday the daytime market stretched, the night market tested again, and formed a long upper shadow shooting star that I least wanted to see. Last week, the weekly line closed with a solid bullish line, which made me let my guard down. After a pull-up on Monday, there was a sudden drop, so today's closing will be very crucial. If it closes above 120500-121000, there is a possibility of continuation, otherwise, it may start to fluctuate sideways or slightly decline. For data, pay close attention to the CPI data at 8:30 PM, as the CPI data will affect the interest rate decision in September, so keep an eye on this!

Currently during the day, it is oscillating above the support level around 118000. The teaching chain believes that small rebounds can be participated in, and if the rebound does not break above 120800, then it can be directly traded. As for Ethereum, it is currently in a sideways range, with the upper boundary around 4350 and the lower support around 4190. During the day, trading can be done around this range to go long at highs and short at lows.

During the day, go long around 118900, supplement long around 118400, with an initial target of 119800. If momentum is strong, look at 120800.

Go long around 4250, supplement long around 4230, aim for 4330, and if momentum is strong, look at 4450.

If it doesn't break above 120000-120800, it can be directly traded long. For Ethereum, if it doesn't break above 4330-4350, it can also be directly traded long!