8.21 Big Cake Afternoon Thoughts

From the market observation, the current bearish strength is slightly dominant, and a death cross pattern has appeared on the hourly level. During the early morning and pre-market periods, the price has retreated as expected near the short entry point we previously mentioned, and the trend is in line with expectations.

For afternoon operations, it is recommended to continue focusing on short positions:

• Big Cake can set up short positions in the 1135-1140 range

• Target towards the 1120-1125 area $BTC #美联储7月会议纪要