Blockchain Liangqiu: 9.30 Bitcoin/Ethereum short position stop profit, pull up and continue to enter the short position
Bitcoin/Ethereum white market we again arranged the short position ideas near 64700 and 2640. During the evening shock and decline, Bitcoin first reached the target of 63300, and Ethereum was only one line away from the target of 2580. We also issued a stop profit notice in time during the session. At present, the market has risen after the decline. In fact, this weak rebound is inevitable. Looking back at last week's market, we can notice that Bitcoin near 63000 is also the position where it bottomed out many times last week. After bottoming out, it rose to the high point of 66450. Although the trend has turned from strong to weak, this position still has certain support, and it needs to be grounded many times before it can break down.
Since Bitcoin broke down in the early trading on the daily line, it has been emphasized that Bitcoin's 7-day and 10-day moving averages of 65000 and 2660 have been broken, and the two moving averages overlapped and pressed down after breaking, forming a new round of top and bottom conversion suppression. Pay attention to the pressure level below and enter the short position in batches. In terms of the K-line pattern of the big cake, the price has been fluctuating at a high level recently, with many long upper and lower shadows, indicating that there are large differences in the market.
Today, a K-line is a big negative line, breaking the previous low of 63622, showing obvious selling pressure. In terms of technical indicators, the MACD fast and slow lines of the 4-hour cycle MACD cross downward, and the green column is enlarged, indicating that there is further downward pressure in the short term. The daily MACD also began to weaken, and the red column shortened. These also all reflect the suppression of the moving average.
In terms of evening operations, short orders will continue to enter the market near 64100 to 64500 for Bitcoin, with a target of around 63000; short orders will continue to enter the market near 2640 to 2660 for Ethereum, with a target of around 2580. The post is effective, with real-time guidance as the main focus. Pay attention to the homepage and don't get lost. #非农就业数据即将公布 #美国8月核心PCE创4月以来新高 #美联储11月降息预期升温