8.16 Thoughts

BTC's continued decline has broken through daily support, and the current rebound strength is very weak. If the intraday rebound cannot break and stabilize above 1185, the rebound will lack strength and continue to decline.

ETH currently shows obvious signs of weakness, with a death cross on the moving averages and extremely low trading volume, creating a divergence between price and volume.

Operation Suggestions

For BTC: 117500-118000 range, target around 116000

For ETH: 4450-4480 range, target around 4350 #区块链