Wednesday, August 14, Bitcoin evening market insights

Don't be defeated by the waves in trading, because every bump is an opportunity for growth. Face the ups and downs with a tenacious mentality, and analyze the situation with a calm mind, and you will find that the dawn of success is not far ahead.

In the evening, under the favorable market conditions of CPI data, a round of pins directly reached the 61,800 line and then fell back under pressure. It is currently back to the 61,000 area. Under the rhythm of slow rise in the morning, the current price is short and then directly bullish to take this round of 1,200 points. After a round of highs, it fell back under pressure. In the short term, pay attention to the retracement action.

In the daily trend, the short-term trend has moved up again, and the K line is presented with three consecutive positives, while the upward force is relatively small, and there is also a certain pressure above the short-term trend. Judging from the volume of the K line, the rebound action is not too large, so the upward pressure is blocked and the force is weak, so it is necessary to pay attention to the retracement action of the market. The price of the currency is currently under pressure from the upper track of the Bollinger Band in the 4-hour period, so it is not advisable to chase the rise in the short term. If the bulls cannot effectively break through the upper pressure, then the short-term thinking should be maintained at a high altitude!

On Wednesday night, it is recommended to short the big cake at 60100-61300, and the target is 60000-59000.

On Wednesday night, it is recommended to short Ethereum at 2740-2760, and the target is 2650-2600.

If you have missed yesterday, please don't miss today again. Let the years deal with the past, and leave the future to time. Give yourself a chance to start over. Your choice is your life, and your decision is your life. #WBTC #TON #Ripple于诉讼中取得部分胜利 #美联储何时降息？ #加密市场反弹 $BTC $ETH $BNB