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8.3 Morning Thought Analysis
The overall trend is indeed leaning towards a downward direction, especially with the three tracks on the 4-hour chart consistently moving downwards, indicating that bears are dominant. However, the bearish momentum in the MACD is weakening, and the DIF line is slightly rising, suggesting that selling pressure may be easing, which could provide a short-term opportunity for a rebound.
The key point is whether it can break through and stabilize at the resistance level of 1140. If the breakout fails, it is safer to remain bearish in the future. The weakening of selling pressure also suggests that there may be some support for a rebound, but the strength is limited.
Operation suggestions:
Short near the rebound range of 113850-114350 for Bitcoin (BTC), targeting down to 111450.
Auntie (Ethereum) rebounds near 3468-3525 to short, targeting down to 3331.
Stay cautious, track key resistance and changes in selling power, and adjust operations flexibly.