8.20 Market Thoughts and Analysis

Yesterday's two instances were both accurately hit, today it is recommended to focus on short positions during rebounds.

From the four-hour view of the Bollinger Bands, the strong price of the market has broken below the lower band, dominating the overall trend.

At the one-hour level, after a brief recovery in the market, the price is pushed down again with consecutive bearish candles, indicating support at the lower Bollinger Band, suggesting a focus on short positions during rebounds.

Bitcoin: Around 113200-113500 for short positions, looking down to 112300-111800 ​ ​​​#BTC #ETH