Strategy Reference for 8/19

1. BTC:

Aggressive: Buy at 113200

Conservative: Buy at 110300

Stop Loss Reference: 108300

Aggressive: Sell at 119300

Conservative: Sell at 123300

Stop Loss Reference: 125300

2. ETH:

Aggressive: Buy at 4155

Conservative: Buy at 4005

Stop Loss Reference: 3925

Aggressive: Sell at 4470

Conservative: Sell at 4575

Stop Loss Reference: 4665

3. The intraday candlestick pattern is at a peak peak low, bottom bottom low, within a descending channel, with bearish pressure looming. After yesterday's sharp price drop, there has been a downward fluctuation. MACD shows a death cross at a high level, OBV is below the moving average, KDJ has a death cross diverging downward, with bears dominating. The market rebound is weak, buying pressure is lacking, suitable for swing trading, not for holding. From a technical perspective, there is still room for a decline, and each rebound is just the market makers inducing buying to distribute chips. The BTC weekly level shows: "Double Tops", 124545 may be the peak, daily bears are dominant, MACD divergence, volume decreases while price drops, further consolidation is expected.

The market decline is caused by three main factors:

1. Old Trump’s speech being portrayed as bearish, triggering emotional sell-off;

2. ETH un-staking news raises concerns about whales dumping, causing panic selling.

3. The U.S. Treasury Department is considering real-name regulation for DeFi projects. DeFi attracts funds through relative anonymity (including "dirty" money), early design of BTC also catered to this type of demand, with over 50% of BTC often used for this purpose by retail investors, and many project tokens also participate. If DeFi staking and lending become real-name, the involved funds may flee due to fear of regulation, leading to selling pressure and price decline.