8.25 Morning Operation Strategy
The four-hour level rebound peaked around 113600 and is starting to pull back. Today, I estimate there will be another wave of correction. The daily chart has once again shown a dark cloud cover with a doji star; the previous naked candlestick rules still apply, indicating a correction. During the daytime, focus primarily on short positions around the highs, and ensure to set stop-losses without holding onto losing trades.
For Bitcoin, short around 113600-114200, targeting down to 112000-111000.
For Ethereum, short around 4800-4840, targeting down to 4680-4600.
Personal suggestions are for reference only $BTC $ETH #ETH创历史新高