August 19th Plan Guide

In yesterday's trading, Lao Yao provided a short position at 118,000 in the early morning and a second short around 115,700 during the European session. For nearly half a month, the focus has been on high short plans, and the overall space has been evident. Congratulations to friends who followed the approach!

The current market trend shows a clear bearish characteristic. The price has already fallen below the middle Bollinger Band, and the bearish forces are gradually gaining the upper hand. Bears firmly control the market situation, and the long-term trend remains bearish. Day trading continues to focus on high shorts.

Reference plan: For Bitcoin, pay attention to resistance levels at 116,500 and 117,500, entering high shorts around these levels, with targets looking down at 115,000-114,000.

This is the best time for contracts; friends who are not seizing the opportunity can follow the steps of the Yao Huiguang team! $BTC $ETH