8.18 Initial Thoughts Analysis
From the 4-hour level, the RSI index is turning down slightly, indicating a mild pullback, so we will still adopt a strategy of selling high and buying low.
The DIF and DEA continue to diverge downwards, with green bars expanding, indicating that the bearish strength is dominant. However, the current DIF is close to the zero axis, so we need to watch for any signs of a rebound. In the afternoon, we can continue to try shorting for a rebound as the main strategy.
Operation Suggestions
Bitcoin: Short at 115800-116800, target 114000-113000
Ether: Short at 4400-4470, target 4200-4300
