Wednesday, August 20

BTC and ETH Daily Outlook
The overall ideas and positions from the past few days have been shared several times, so I'll keep it brief today.
BTC
From the perspective of the daily chart, the pullback is almost over, and the time for a rebound should be coming soon; if it doesn't start this week, it will likely begin next week. If the daily line at 1118 cannot provide support, then this daily pullback may need to look towards 1080. I believe that every downward test is an opportunity to gamble on a rebound, while everyone else is in panic, I am greedy.
Since the drop to 1127 last night, there has been a rebound to 1135. In the morning, it started to decline again, testing downward once, but quickly rebounded to erase the morning's losses. Compared to the declines in the past two days, the decrease seems to be weakening. Therefore, before the US market opens during the day, we should consider participating around 1126 to look for a rise. If it can break through 1145, that would be great, but if the US stock market opens and still cannot break through 1145 and close above 1140, the market may need to test downward again, at which point we can consider shorting.

ETH
After the second dip to 4060 this morning, the rebound was larger, and the profit margin for the rebound from the lowest point of 4086 that we provided last night was also quite good. Before the U.S. stock market opens during the day, we will first look for a rebound near 4115-4086. If there is no breakthrough above 4300 after the U.S. stock market opens, then we will consider shorting.

There may be slight differences in the position, and the position reference can be adjusted slightly. I am Yaoyang. Friends who like it, please like and support #BTC# #ETH# .