Market analysis for the evening of August 19


Looking back at the midday trend, Bitcoin started to rebound from 114,300 points and rose to around 115,600, forming a small-scale rebound momentum.

From the hourly Bollinger Bands structure, the current three lines are running parallel horizontally, indicating that the short-term market is in a range consolidation phase, with long and short forces relatively balanced.
​​
Therefore:

Bitcoin: Set up positions around 116100-116600, targeting the 114500-113700 range.

Two pancakes: Make a short position around 4350-4430, with a lower target focusing on the 4250-4170 area. #Strategy放宽股票出售规则#

BTC-0.62%
ETH-2.16%
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