8.25 Initial Thoughts for the Evening Analysis
The morning's Bitcoin has declined across the board, and the morning's analysis has been successfully verified.
From a technical structure analysis, the daily level technical pattern presents a bearish resonance pattern. Although the KDJ and MACD are temporarily in the bullish zone, the momentum has significantly weakened, showing a decreasing volume top divergence structure. Currently, multiple indicators are synchronously issuing bearish signals, confirming a short-term trend weakening.
The main strategy for today's operations suggests taking short positions on rebounds!
Operational Suggestions
Bitcoin: Short at 111700-112500, target 109000-110800
Ethereum: Short at 4640-4700, target 4500-4550
