8.20 Bitcoin/Ethereum operation strategy with market analysis

The market trend is relatively slow over the weekend, and the overall trend is recovering after the decline. The rebound is small and the trend is still weak. The current decline is not over yet. After breaking through 26500 and 1700 in the early stage, the highest point rebounded and hit this position before falling back.

Looking at the four-hour and daily lines, the market is also recovering after the decline. The bulls are not strong, and the bears are continuing to accumulate strength. The recent trend will still continue the short trend. It is recommended to pull up the Ethereum market and mainly go short.

In terms of operation, enter the market with a short order near Bitcoin 26300, target 25500 to 25800, and stop loss 26600; enter the market with a short order near 1680 to 1690, target 1640 to 1650, and stop loss 1710. #BTC #ETH