8.19 Afternoon Bitcoin:

The current market continues to weaken, with Bitcoin and Ethereum both hitting new lows of 114300 and 4192, respectively, followed by a rebound, currently experiencing low-level fluctuations.

In terms of technical structure, the bearish trend continues to decline, and the Bollinger Bands maintain a downward channel. As the highs and lows shift downwards, the bullish momentum is evidently weak in the short term, and the high short position remains unchanged in the afternoon.

Short positions near 115300～115650, with a target focus on 113500

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