Evening Market Analysis and Strategy Suggestions for August 20

Daytime Market Review: Today's overall performance showed a narrow range of fluctuations, with the upper limit of the downward channel continuing to exert significant pressure, and the price has not effectively broken through this resistance zone.

Evening Strategy Outlook: As the opening of the U.S. market approaches, market sentiment may experience a new change, and opportunities for short positions at high levels are expected to reemerge. It is recommended that investors consider light positions for shorting:

Bitcoin: When rebounding to the range of 114500-115000, consider entering short positions, with the target looking towards the range of 112500-113000.

Ethereum: When rebounding to the range of 4155-4200, consider entering short positions, with the target looking towards the range of 4120-4150. $BTC