Analysis of Thoughts on the Evening of August 20
The big pie has rebounded, which is actually a good opportunity to short at a high position.
From the hourly chart, the K-line has temporarily stabilized at the bottom, but the bullish strength is obviously diminishing, while the bears are still in control. For aggressive traders, you can short directly at the current price of 113700.
It is recommended to short when the big pie rebounds to around 114100-114600, with a target of looking down at 112800-112000. If it breaks down, continue to look down at 110000.
