Market Analysis at 00:00 on August 18:

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On the four-hour level, after a price surge, it has shown a downward trend. The current price is operating below the middle track, indicating significant short-term pressure above. The MACD indicator continues to show negative values; although the green bars have slightly shortened, suggesting a possible weak rebound, it is still overall in the bearish zone, with downward momentum not completely dissipated.

On the hourly level, all indicators point to a bearish dominance, and the downward momentum is gradually being released. Overall, the operational strategy in the early morning can still focus on going short, but it is necessary to pay attention to the limited strength of short-term rebounds; the overall bearish trend remains unchanged.
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Operation Suggestions:
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The range for Bitcoin is 118000-118500, with a target looking down near 116500-117000.
Auntie around 4540-4570, target looking down around 4440-4470 #美7月PPI年率高于预期# #以太坊ETF突破300亿美元# #Gate Alpha巅峰交易赛#