8.25 Early Morning Analysis

On the hourly level, MA144 and MA169 form a downward pressure zone, with the price continuously pressured below the moving averages. The MACD indicator shows expanding green bars, and the momentum remains strong. The short-term support is at 110484; if broken, it may continue to decline!

Trading Suggestions

Bitcoin: Short at 113500-114200, target 111000-112000

Ethereum: Short at 4750-4850, target 4600-4700

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