Wednesday, 8.20, Weakness Remains with a Focus on Short Positions

Yesterday, we continued to short and profited, with Bitcoin dropping overnight and currently reaching 112800. As mentioned earlier, there is still room for a decline, and the bulls should not rush; it is not yet time to enter the market. All major indicators for the day are leaning bearish, and the main theme remains short positions, with any rebound providing a shorting opportunity.

Continue to short Bitcoin at 113300-113800, while those holding positions above should look down towards targets of 111800-110000.

Ethereum has also fallen as expected, breaking below 4100, indicating that the weakness is not yet at a bottom, and we should first look towards 4000. #加密市场回调 $BTC