August 8th Large Pancake Auntie's Evening Thoughts
From the current market perspective, the overall market is still in a volatile consolidation range. Although Trump's relaxation of pension fund entry policies has injected some positive factors into the market, the bulls have not formed a sustained one-sided upward momentum. The 118,000 mark has not been broken for a long time, and prices are repeatedly pressured at key resistance levels, with the bullish momentum clearly constrained.
The 4-hour level trend shows obvious signs of price stagnation, with long upper shadows accompanied by pullbacks. The KDJ indicator is turning downwards, the MACD red bars are shortening, and bullish energy is gradually weakening, with short-term pressure signals intensifying. In the evening, it is important to focus on the extent of the pullback and the strength of support below. In terms of operations, one can rely on the pressure levels and maintain a short-selling approach on rallies in the short term.
Personal Suggestions
Large Pancake: Enter at 117,000-117,800, target downwards around 115,600-114,000
$BTC Auntie: Enter at 3,930-3,960, target downwards around 3,850-3,730
$ETH #比特币流动性危机 #美国加征关税