Midnight Thoughts on August 23
From a technical perspective, in the 1-hour chart of Bitcoin, the price touched the upper Bollinger Band and began to retreat, moving towards the lower Bollinger Band. The KDJ three lines formed a death cross downwards, and the bullish momentum of the MACD is gradually diminishing, about to turn into bearish momentum. Therefore, the evening will still focus on high short operations.
Operation Suggestion:
Short Bitcoin around 117000-117500, with a target looking towards 116000-115200. $BTC