On the four-hour chart, the price of Bitcoin has continued to fall and has slid to the edge of the middle and lower track, showing a trend of continued downward exploration. Observing at the hourly level, the intraday market fluctuations show a step-by-step decline, first suppressed and then rising. All previous support levels have been lost, and the market sentiment is obviously biased towards the short side. The daily trend is not optimistic either, and it has approached the middle track area. It is recommended to follow the trend in the morning and adopt a high-altitude strategy, focusing on the support effect of the previous low point of 63,000.

Operational suggestions

On Tuesday morning, Bitcoin can be shorted at 63,500-63,700, with a focus on 62,500-62,000

Ethereum can be shorted near 2,630-2,620, with a focus on 2,550.#HMSTR开盘 #非农就业数据即将公布 #币安上线EIGEN #大A香还是大饼香 #美国8月核心PCE创4月以来新高