8.20 Initial Morning Analysis
From the market trajectory, after a brief weak correction, the coin price still cannot break free from the inertial rhythm of downward pressure.
From a technical perspective, the bearish strength continues, and the market shows a weak downward trend. In the 1-hour candlestick chart, positive signals are emerging, and the bullish pattern is gradually becoming apparent. In terms of candlestick patterns, bullish candles are starting to frequently emerge; it is recommended to focus on shorting at high prices and buying at low prices.
Operational Suggestions
Bitcoin: Short at 114000-114500, target 112000-113000
Ethereum: Short at 4200-4260, target 4000-4100
