Wednesday Analysis, 8.20

Looking at the four-hour level, the bearish bars are arranged, indicating a phased pullback. After a spike and pullback, there is an adjustment period, but the bearish one-sided trend remains unchanged. The technical divergence signals a pullback pressure, with short-term bearish dominance.

BTC: Short near 1130-1135, target at 112000.

ETH: Short near 4100-4130, target at 4030.