8.2 Saturday morning Bitcoin Ethereum market analysis and trading suggestions

No one's journey in the crypto world will be a continuous upward trend, but no matter when, one must focus on value and hold tight to their faith to become invincible. Every low-position layout is accumulating chips for the wealth wallet. By enduring volatility, one can surely reap their own doubling market. Looking back at yesterday's early market, Bitcoin continued its bearish trend, retreating to the 112680 line before stopping, and has now rebounded to the 113900 line. Ethereum also continued its bearish trend, plunging to the 3492 line before stopping. The bearish outlook in the early morning was once again accurately grasped, with our layout of a short position on Bitcoin at 115500 and cashing out at 113200, gaining a space of 2300 points. For Ethereum, we entered a short position at 3618 and cashed out at 3504, gaining a space of 114 points.
From the current daily level trend of Bitcoin, the market has recorded bearish candles for five consecutive trading days. The bearish candle bodies in the last two days show a trend of gradual enlargement, indicating that the bearish forces are continuing to strengthen. Currently, the market has started to show a slight rebound during the weekend, with prices attempting to recover some lost ground. The trading volume during the rebound process has significantly shrunk, and the buying pressure is insufficient. Considering that the weekend market is usually relatively quiet, it is expected that the market will consolidate by trading time for space. This may involve horizontal narrow fluctuations, using extended consolidation time to digest the oversold pressure brought by the rapid decline, and then starting a new correction trend next week. We might see a wave of rebound shorts over the weekend.
Bitcoin: Short positions can be opened near 113800-114300, with a short-term target of 112000.
Ethereum: Short position can be opened near 3550, short-term target 3450