9.11 BTC is going to hit the 60,000 mark. Don't rush to short. Continue to go long.

Bitcoin has shown a strong trend recently. Market sentiment has gradually warmed up. Bitcoin is no longer silent. It is preparing to attack the high pressure of 60,000 with an upbeat attitude! For the current oscillation rhythm, we are still bullish on the rebound in the short term. There is still a certain space above. After all, the market will not always go through corrections or fluctuations, and it will appear unilaterally again afterwards.

Last night, it fell back twice, and the horizontal range was consolidated without breaking high or low. Bitcoin maintained in the 58,000-56,000 range, and Ethereum maintained in the 2300-2400 short-term. The daily line is still in a small step upward, and the hourly line continues to return to the range.

The 4-hour chart shows a single positive line rising, which has completely recovered the falling space of last Friday, and returned to the 57000 and 2350 levels. The stable support point of last Saturday, accompanied by repeated high-exploration and fall-back washing methods, has a large range, but the sustainability is not strong. The back-and-forth tug-of-war is the main style.

The current trend structure itself is a bullish recovery performance, but it just stays here after falling back. It can be seen that even if there is a retracement, it has not formed a continuous downward exploration. The overall trend structure is still mostly the main structure. We are still optimistic about the bullish recovery during the day. If the market operation is not ideal, consult btc0796 and find me to discuss the market together.

Bitcoin retracement: 56700-57200 long, target 58200-59200, break to 60000, defense 56000

Ether retracement: 2320-2350 long, target 2430-2500, break to 2580, defense 2290

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