8.19 Morning Thought Analysis 🚀🚀🚀
From a technical perspective:
The hourly Bollinger Bands middle band at #BTC 4 has still not been broken, and there is strong resistance above in the short term.
On the 1-hour chart, the price rebounded to touch the upper band but showed a long upper shadow + a smaller body, indicating insufficient bullish momentum.
At the same time, the rebound volume is also shrinking, with a clear lack of capital support, and bears are in control.
#ETH : The trend is similar to BTC, with weak rebound momentum, mainly under pressure and fluctuating in the short term.
Trading Suggestions:
BTC: Consider short positions around 116000, targeting 115000.
ETH: Consider short positions around 4285, targeting 4150.
I let the data speak for itself, providing you with a clear direction — support levels, exit points, trend judgments, all are actionable strategies.
Follow Yifan, no guessing on ups and downs, just providing you with plans that can help you profit.
Focus for the day: UTK API3 MEME
