8.26 Afternoon

Currently, the market is once again in a state of range-bound oscillation, with bears pulling back and forth. The short-term trading space is fully utilized, and the oscillation range is clearly indicated to us. Bitcoin is oscillating in the range of 109700 - 110000, while Ethereum is oscillating in the range of 4370 - 4450.

Overall, the price operation logic resonates with technical indicators, establishing a solid bearish trend structure, with no reduction in the short-term downtrend. The idea of rebounding to short remains unchanged.

Bitcoin can be shorted near: 110300 - 111000, targeting 109300-108300.

Ethereum can be shorted near: 4450 - 4480, targeting 4370-4250 $BTC $ETH