8.18 Monday Morning Bitcoin Analysis

The hourly chart has stopped weakening and is in a small step oscillation upward phase. Considering the support of the weekly lower line track, be cautious when shorting. If a suitable entry point cannot be found, it is advisable to observe temporarily and focus on the midnight and tomorrow morning. If the price continues to weaken and breaks down, look to short; conversely, if it stabilizes, look for a rebound.

Trading Suggestions:

🌱 Short Bitcoin near 1178-1183, target around 1155

🌱 Short Ether near 4500-4520, target around 4356

$BTC $ETH #BitDigital转型 #币安钱包TGE #美国7月PPI年率高于预期 #加密市场回调 #主流币轮动上涨