On August 9th, QKL123 analysts analyzed that the short-term BTC shock convergence was just around the corner. Resistance is $12,000 and support is $11,000. Short-term shocks adjust the situation, all kinds of encrypted assets can be bargained at the bargain-hunting or rallies. The long-term trend of BTC is improving. Currently, it is in the short-term partial adjustment stage. The mad cow market may come in the next one to two years. The BTC transaction of the intelligent contract platform ETH, the altcoin leader LTC, and the DPoS leader EOS has a new low for the year, and can be properly configured on the dips to take the opportunity of reversal. Note: Encrypted assets are high-risk assets. The above are for decision-making purposes only and do not constitute investment advice.