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Thoughts from early morning on 8.21
U.S. stocks fell sharply, and the expectation of a Federal Reserve rate cut seems far away. Against this backdrop, it is clearly unwise for the market to seek further gains.
In terms of Bitcoin, after quickly rising to around 114,000, it quickly reversed and declined. Although there were small rebounds during this period, they were more of short-term traps to lure in buyers, and the overall downward trend has not changed. Therefore, operations at midnight should still focus on short positions.
Operation Suggestions:
The pancake rebounded to the 113800-114300 range for short positions, with the target looking towards the vicinity of 111500-112200;
Auntie shorted in the 4290-4350 range, targeting around 4160 #加密市场回调#