Afternoon analysis

The current price of BTC is fluctuating around 53800, and the first short-term support is at the lower track of 51500. If this support fails to hold, BTC will continue to test the next support position.

From the 4-hour structure, the three BOLL lines diverge downward, and the K line tries to rebound after touching the middle track, but the bulls fail to form an effective breakthrough and continuation.

From the daily level, BTC has shown two consecutive negative trends in the past two days. The one-hour moving average dead cross has been suppressing the currency price, and the market also shows a weak situation!

  Going against the current, if you don’t advance, you will retreat. The currency price has repeatedly rushed up but failed to rise. There are many resistances above, so there is always the possibility of a sharp drop. This must be paid attention to. The rebound is just a paper tiger, which gives us a better opportunity to short.

BTC operation suggestion: short at 54500-54700, defense 500 points, target 52000

ETH operation suggestion: short at 2280-2290, defense 40 points, target 2180#BTC走势分析 #美联储何时降息? #新币挖矿DOGS $BTC $ETH $BNB #BTC #ETH