Morning Thoughts on 8.24

After a downward trend in the four-hour level, a two consecutive bullish rebound was recorded, but the bullish candlestick is small, and the price shows signs of stagnation. The KDJ lines have converged and are now diverging downwards again, while the MACD histogram above the 0 axis continues to shrink, indicating a high probability of a subsequent downward trend;

Although the one-hour level shows a stepwise upward movement, the Bollinger Bands are opening downwards, the middle line is moving down, and the KDJ indicator's K and J values are turning down after being overbought, with bearish momentum gradually being released. In summary, the morning operation focuses on high short positions.

Operation Suggestions

Big Coin: 115500-116000 short, target around 114000;

Auntie: 4800-4830 short, target around 4700. #区块链