Waiting is just the answer, execution is the profit

Bitcoin continued the decline of yesterday's late trading data, falling directly from above 61,000 to below 58,000. From the daily level, the KDJ and MACD indicators are still oscillating sideways, but the increase has weakened. From the technical form of the four-hour level, the market shows a downward trend, which shows that the market's downward momentum is strong. The recent closing lines are all small real K lines with upper and lower shadows, showing that the game between the long and short sides near the current price is becoming more and more intense. It is worth noting that the currency price has returned to the starting point of the previous round. The support strength of this line deserves our attention. In terms of Ethereum's 12-hour level, the current KDJ dead cross is weak, and the MACD bulls are shrinking. The main chart MA three-day moving averages are glued down. This also clearly shows the strong suppression of the 12-hour MA30-day moving average. The key point in the short term is to see whether 2520 can be effectively broken. Today's intraday short-term recommendation is mainly rebound short. Operation suggestion: short the big cake rebound at 58,500-58,800 Target 57700-57000
Ether rebounds to 2650-2670, short sell, target 2580-2530
Risk warning: the market is changing rapidly, trading needs to be flexibly controlled, investment is risky, operation needs to be cautious!
The above is a personal market analysis for reference only
#TON #加密市场反弹 #美联储何时降息？ #Ripple于诉讼中取得部分胜利 #美国7月PPI低于预期