Good morning on August 11! BTC surged to a high of 65500 yesterday but failed to hold, then began a choppy decline, steadily falling to 63775, perfectly matching yesterday's short entry around 65300. Our two shorts yesterday closed with gains of approximately 1200 + 60 points. $BTC Mingyuan 8/11 morning: Short around 64300-64800, targeting around 63400-62500. $ETH Mingyuan 8/11 morning: Short around 1890-1915, targeting around 1845-1810.

Narrative > Fundamentals: Cryptocurrency Is a Battleground for the “Attention Economy” In the cryptocurrency market, community hype and narrative propagation often drive short-term prices more than technical white papers. A project with mediocre fundamentals but a hot narrative may see much larger short-term gains than a technically solid project that receives little attention. Learn to identify “narrative cycles”: enter when sentiment starts building and exit when the narrative plays out. Do not fall into the misconception that “the fundamentals are excellent, but the price just won’t rise.” Study community activity, social media discussion volume, and KOL opinions, and treat attention as a core metric. Remember, in the crypto market, attention is liquidity, and liquidity is price.$ETH ‌

8.11 Gold Morning Analysis Gold has strongly rebounded from around $4,000 this round, rising more than 7% in a single week as a result of multiple international factors converging. At the macro level, U.S. nonfarm payrolls unexpectedly fell by 23k in July, and market expectations for a Fed rate hike quickly cooled, while the U.S. Dollar Index retreated to around 99.8; Geopolitically, negotiations on the resumption of navigation through the Strait of Hormuz have reached an impasse, while the Houthis launched another attack on a Saudi refinery, reigniting the energy risk premium and driving continued safe-haven inflows into gold. From a candlestick perspective, the weekly chart closed with a large bullish candle, completely breaking out of the range-bound pattern of nearly two months. The current price is running close to the upper BOLL band, while RSI6 is as high as 76.58, indicating a clear short-term overbought signal and strong demand for a technical correction. The focus ahead is this week's U.S. CPI data—if inflation is weaker, expectations for rate cuts will be further strengthened, potentially driving gold prices to challenge $4,500; if the data exceeds expectations, it could trigger a short-term pullback. Trading recommendation: Go long at 4340-4370, targets 4400-4490.$ETH $BTC $BEAT