8.18 Monday Morning Market Analysis：

Last week, after breaking the historical high, Bitcoin saw a significant correction, dropping all the way down to the 116700 area. Today’s opening showed no obvious signs of a rebound, and the overall market correction has not yet concluded. Personally, I believe the bullish opportunity is not yet ripe, and any small rebound during the day can still be viewed as a short opportunity.

From a technical structure perspective on the four-hour chart, the Bollinger Bands are opening downwards, with obvious lack of bullish momentum, and the indicators are all in a bearish arrangement. Therefore, today’s main strategy remains focused on corrections, and we should enter the market as soon as there is a slight rebound during the day.

Personal trading strategy: Short Bitcoin at 117500-118000, targeting 115000-111800. #加密市场回调 $BTC