Liangqiu: 8.9 Bitcoin/Ethereum early morning operation strategy with market analysis

Bitcoin/Ethereum rose again in the evening with the help of data. So far, Bitcoin has reached a high of around 59,800, and Ethereum has reached a high of around 2,583. The bullish trend is strong, and there is still room for further pull-up in the evening. Since this round of bottoming out and pulling up, Bitcoin has a low point so far, and there is more than 10,000 points of room for pull-up, and Ethereum also has 470 points of room.

In terms of daily line structure, the bullish pull-up has not ended, but each round of pull-up will be accompanied by a retracement space. The current strong pull-up does not mean that there will be no retracement. The 58,000 to 58,500 line on the Bitcoin daily line has been emphasized many times in the early stage, and it is also a long-short dividing line many times. The current market has risen to the upper side, and the subsequent attention will be paid to the support of this position. The MA moving average trend line is still downward, and there is no obvious change as the market rises. Ethereum is still below the 7-day moving average of 2620. In the future, it will rely on the moving average to suppress the opening of short positions. The big cake has broken through the 7-day moving average, but it is under pressure from the 10-day moving average of 60,000. The market still needs to accumulate strength.

In the early morning, it is recommended to focus on retracement. Bitcoin short orders are entered near 59,800 to 60,300, with a target of 58,000 and a stop loss of 60,800; Ethereum short orders are entered near 2580 to 2610, with a target of 2450 to 2500 and a stop loss of 2640.#美联储何时降息？ #BTC走势分析