8.25 Thought Sharing and Strategy

From the four-hour level, the market has attempted to rebound after experiencing five consecutive bearish candles; however, the rebound results were unable to hold, and the previous gains have basically retraced. In terms of technical indicators, the MACD indicator has formed a death cross, and the energy bars have continued to expand below the zero line, indicating that bearish momentum is continuously strengthening, and the short-term downward pressure is still accumulating.

In terms of operations, it is recommended to focus on the subsequent rebound strength. If the rebound shows weakness and fails to break through key resistance levels, a high sell short strategy can be adopted to respond to the likely downward trend, while also paying attention to setting reasonable stop losses to guard against short-term volatility risks.

The rebound for Bitcoin is expected to stop around 113800-114400, with the target looking down at 112100-111300.