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

#比特币市值超越亚马逊 #加密总市值创历史新高 #BTC重返12万