Current Strategy: Main Focus on Shorting

Bitcoin daily chart shows a large bearish candle with an increase in volume. The MACD fast and slow lines have crossed downward, indicating a clear bearish trend entering the 0 axis. The first resistance levels are 114000-114800-115400. Only if the four-hour chart can close above 114000 can we continue to look for a rebound. If it cannot close above, we will primarily focus on shorting in this area, targeting the 110500-108000 region.

Ethereum has previously broken below the strongest daily support at 4150, with increasing volume and a MACD death cross also continuing the downward bearish trend. In the short term, it may temporarily break below 4000 down to the 3900-3800 region. The first resistance levels are 4200-4285-4340, and a four-hour close above 4200 is needed for further rebound.

Intraday Operations:

For Bitcoin, short at the rebound of 114300-114800 with a stop loss at 115700.

For Ethereum, short at the rebound of 4250-4285 with a stop loss at 4340.

Looking down at 110500-108000 and 3950-3880 #杰克逊霍尔会议 #加密市场回调