8.14 Qin Feng Evening Analysis

The large pancake daily line closed with a long upper shadow bullish candle on the 13th, showing selling pressure, and on the 14th, a large bearish candle fell back to the lower edge of the previous fluctuation range. On the 4-hour level, the highs and lows continue to decline, showing a short-term downward trend. Additionally, the MACD on the 4-hour level shows DIF and DEA diverging downwards, with green bars increasing, indicating that bearish momentum is continuously strengthening, and the market may continue its downward trend.

The large pancake can be shorted near 122000-121000, targeting around 119800.

The aunt can be shorted near 4780-4740, targeting around 4680. #btc