Market Analysis and Trading Recommendations for August 18th

① The surge in SanDisk/Micron stocks last night was driven by AI storage demand, unrelated to crypto fundamentals; this sentiment spillover is unsustainable. ② BTC touched a daily high of 64,610, with a dense resistance zone between 64,700 and 65,000, where two previous attempts to break through failed. ③ 24-hour liquidations totaled 212 million (175 million of which were short positions), indicating insufficient buying support after short covering. ④ Tonight's US data, US-Iran tensions, and Thursday's Fed minutes will create macroeconomic headwinds for risk assets. Operation: • Entry: 64,400-64,600 (near intraday high) • Stop Loss: 64,900 (exit if it breaks through) • Target 1: 63,700 (SMA50); Target 2: 63,000 (psychological level) • Position Size: Light position, enter in two batches (1/3 at 64,400, 1/3 at 64,600) --- ETH Short Strategy (Currently $1,893) ETH follows the rise but not the fall, shorting is a higher priority: • Entry: 1,915-1,925 (Bollinger Band upper resistance) • Stop Loss: 1,940 • Target 1: 1,885 (SMA20); Target 2: 1,845 (SMA50) Our internal community continues to accurately profit. To follow our trades, check my profile QQ. There are no barriers to entry. Every trade is live, and you can check the win rate in previous articles.