8.15 Zhiming Evening Analysis and Suggestions
The daily chart of Bitcoin shows a long bearish candle yesterday, with a significant drop from the high, forming a 'headless guillotine' pattern, indicating strong bearish momentum. From the four-hour candlestick perspective, recent candlesticks are exhibiting a fluctuating downward trend, but there are signs of a small bullish rebound towards the end of the trading session. The DIF and DEA continue to diverge downwards, the green bars are shorter but still negative, indicating that the bearish trend is weakening but has not completely reversed.
Zhiming Suggestions
Bitcoin around 119100-119600, look for 118300-117500
Ethereum around 4650-4690, look for 4560-4510
