8.19 Afternoon BTC:
The current market continues to weaken, with BTC and Ethereum hitting new lows of 114300 and 4192 respectively, followed by a rebound for both, currently in low-level oscillation.
From a technical structure perspective, the bearish trend continues to weaken, and the Bollinger Bands maintain a downward channel. With the decline of highs and lows, the bulls show a clear lack of strength in the short term, and the strategy of holding high shorts remains unchanged in the afternoon.
Short near 115300~115650, target focus on 113500.
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