8.18 Initial Zhe Evening Thought Analysis
The green bars of the MACD indicator continue to exist, and the fast and slow lines have formed a death cross downwards, which clearly indicates that the bearish forces currently hold a significant advantage. Looking at the daily level, the MACD also shows a death cross state, further reflecting that the market trend is relatively weak.
Trading Suggestions
Bitcoin: 115600-116600 short, target 114000-113000
Ethereum: 4380-4450 short, target 4200-4300
