Evening analysis on August 11 continues to look for short positions
After experiencing a significant rise, we are gradually entering an adjustment phase. The MACD histogram on the 4-hour cycle continues to shrink, indicating a weakening bullish momentum, and the adjustment is not yet over.
For Bitcoin, it is recommended to short around 120500-120900, with a target around 119500.
For Ethereum, it is recommended to short around 4200-4220, with an initial target around 4130.
Strong rebound, doubling assets! Keep an eye on nostalgia, plan ahead, and easily reap substantial profits.
Continued attention: A2Z YALA