Xuxu Baby's Coin Analysis August 18 Evening Analysis: Big Coin's bearish trend remains intact; a rebound presents a short-selling opportunity.

Big Coin is currently experiencing a period of consolidation following a sharp drop, but the overall 4-hour chart remains downward. The MACD remains green, with the fast and slow lines diverging downward, indicating a dominant bearish trend. The continued death cross of the daily MACD further confirms a weak market outlook. While the RSI has dipped to around 29.1, approaching oversold territory, suggesting a slight rebound in the short term, the daily RSI has not yet reached its extreme low, suggesting further downside potential.

On a weekly basis, a clear "double-needle top" pattern has formed, with the 124,200 level acting as a temporary resistance level. The daily chart shows significant bearish characteristics, with MACD divergence evident. Trading volume is shrinking as prices decline, and buying is weak. Pressure from above is strong, and a short-selling window has opened.

Trading Strategy:

- If Bitcoin rebounds to the 115200-116500 range, enter a short position, targeting 114100-113200.

- If Bitcoin rebounds to the 4300-4340 range, follow up with a short position, targeting 4200-4130.

Remember, a rebound is not a trend reversal. In a bearish market, patiently waiting for the rebound high to enter the market is a prudent strategy. For those who struggle with trend direction, please follow along! #ETH #ETH走势分析 #BTC #BTC走势分析 #加密市场回调