8.22 Morning Bitcoin Strategy Analysis

There are no trees that grow overnight, nor is there a road to success that can be traversed in a single step. Life is full of mud, and you always say you can 'do it'?

Observing the current market, in the hourly chart, the price has broken below the middle Bollinger Band line. The MACD indicator's two lines have formed a death cross, and the histogram has dropped below the zero axis, indicating a clear downtrend. The candlestick chart is predominantly bearish, with occasional rebounds but weak momentum. During a strong bearish phase, it is recommended to focus on short positions!

BTC Recommendation: 112700-113200🈳 Target around 110000

ETH Recommendation: 4280-4300🈳 Target 4150

One must follow the trend, maintain rationality at all times, defend well, and definitely do not blindly resist! Wishing everything goes smoothly, grasp every wave of market conditions, and we will always move forward together! #BNB创新高 #杰克逊霍尔会议 #加密市场回调 #Strategy增持比特币 #ETH质押退出动态观察 $BTC $ETH $BNB