(Night Market Analysis Strategy on August 26)

From the 1-hour cycle chart, the price is showing a pattern of alternating small bearish and bullish movements below the middle line of the Bollinger Bands, indicating a lack of clear directional momentum in the K-line structure, and presenting characteristics of narrow consolidation. However, it should be noted that the overall operational framework is still within a downward channel, and the trend structure has not fundamentally changed. Judging by cyclical patterns, this round of consolidation is essentially a momentum correction within the previous downward trend. As the consolidation period gradually exhausts, after the price breaks through the current oscillation range, the probability of continuing the original downward trend and further probing the key support levels is significantly higher.

Short Bitcoin near $BTC 110000, target 108500

Short Ethereum near $ETH 4430, target 4350