The current Crypto Assets market shows a clear downward trend, with bearish forces dominating and signs of strengthening downward momentum. While there may be a technical Rebound in the short term, the falling trend is likely to continue in the absence of clear reversal signals.



The price of Bitcoin may fluctuate between 115600 and 116100, with the next target range being 114500 to 113700. Ethereum may oscillate between 4320 and 4350, with a target range of 4260 to 4220. These predictions are for reference only, and investors should make cautious decisions based on their own circumstances.

Meanwhile, there have been some changes in the offshore RMB market. Data from August 18 shows that the offshore RMB Hong Kong Interbank Offered Rate (Hibor) has mostly shown an upward trend across various tenors. Notably, the overnight Hibor rose by 18 basis points to 1.64530%, while the one-week Hibor slightly increased to 1.68061%. It is worth noting that the two-week Hibor fell to 1.67152%, temporarily distancing itself from the high point it reached in the past month and a half. Additionally, the one-year Hibor saw a slight decline, reported at 1.92674%.

These data reflect changes in offshore Renminbi liquidity, which may have a certain impact on global financial markets. When making decisions, investors should pay attention not only to the trends in the Crypto Assets market but also closely monitor the global macroeconomic situation and the changes in monetary policies of various countries, in order to more comprehensively assess market risks and investment opportunities.
BTC-1.12%
ETH-1.07%
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GasFeeCrybabyvip
· 2h ago
Fall, so what? I don't have money to enter a position anyway.
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StableBoivip
· 08-18 04:45
Charge! If it falls again, I will go all in.
View OriginalReply0
All-InQueenvip
· 08-18 04:44
It won't fall any further anyway, just follow and copy.
View OriginalReply0
EntryPositionAnalystvip
· 08-18 04:43
Where is the bottom? A rebound is just a gift.
View OriginalReply0
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