Bitcoin and Ethereum trading suggestions and future trend analysis for early morning: 8/10

Bitcoin (BTC) Trading Suggestions and Future Trend Analysis (August 10): The current technical picture for BTC shows a clear downward trend. Although market sentiment has improved somewhat in the short term, the appearance of a bearish engulfing pattern and the failure to break through key resistance levels indicate that downward pressure remains significant in the short term. While increased trading volume shows stronger buying power, it failed to effectively support a price rebound and instead exacerbated bearish sentiment. Externally, market sentiment is neutral, with investors cautious about future price movements. The absence of high-impact economic events has reduced overall market volatility, suggesting a potential consolidation phase in the short term. Given the current downtrend (major premise) and the emergence of a bearish engulfing pattern, indicating a shift in market sentiment towards bearishness (minor premise), a conservative strategy of shorting at resistance levels is a high-probability choice that aligns with the current trend and has clear confirmation signals. Analyst Xiao Ma's Trading Diary Recommendations: Short Bitcoin around 65200 at the current price, target 63500-63000. Short Ethereum around 1920 at the current price, target 1850-1830.