8.25 Evening Operating Thoughts
The earlier suggestion to primarily short after a high has aligned well with the expected market trend. Currently, it is also firmly resisting around the 111000 level, indicating that it is still not time to bottom fish, but rather to proceed step by step. Pay attention to my concerns and don't be too stubborn. There has not yet been a strong rebound signal on the hourly chart. Watch for support around the 11 level and attempt to go long with light positions; if the entity breaks lower, switch to short. Ensure to set stop-loss orders and avoid holding against the trend.
For Bitcoin, go long around 110200, targeting 112000-113500. Contact: $BTC
For Ethereum, go long around 4550, targeting 4600-4700. Contact: $ETH #ETH创历史新高