August 18 BTC Guideline Plan
The market has maintained a narrow range of fluctuations during the day with no significant operational space; over the weekend, trading around 11.7-11.8 for high short and low long positions has successfully captured three waves of market movement.
This is the corrective market after significant ups and downs; we have entered a range adjustment zone.
The high point of Bitcoin's correction today at the 118400 area is the position for laying out short positions.
Reference plan: short positions lightly above 118000 with a small defense, and looking back at below 117000.
The market changes rapidly, and specific entry and exit points should be determined based on real-time market conditions! Operate with light positions, avoid greed, and secure profits. Be cautious about managing risks! $BTC $ETH