Morning Analysis on August 28, $BTC $ETH

The daily trend of Bitcoin is still in a downward fluctuation, with the structure not having turned around. Recently, there has been an alternating pattern of 'consecutive bearish candles followed by a single bullish candle', and the rebound momentum is quickly diminishing. There is obvious resistance above, and although there was a brief rebound, it did not attract enough buying interest, with cautious trading and bears dominating the market.

In the short term, it is suggested to maintain a bearish outlook, shorting when encountering resistance during rebounds, while paying attention to the effectiveness of support levels. If the support level is broken, watch for lower price action.

For Bitcoin, pay attention to shorting opportunities in the range of 111600-112300, with lower support levels at 109000, 108000, and 106500.

For Ethereum, short around 4520-4550, targeting 4440 and 4330. Wishing everyone successful trading! #ETH走势分析 #比特币远古巨鲸持续出清 #BNB创新高