The price gave a wave of highs at midnight, reaching the high point near 57040, breaking 57000. Our long orders entered the market during the retracement, and we exited the market when we realized that there were certain difficulties in the actual short-term breakout. The big cake entered the market at 56175 and left the market when it rose to 56897, taking 722 points of space. Too much money has not given a suitable entry point for a long time, so we went short in the real market and finally took 69 points of space. At present, after the baptism of the previous two days, it has gradually returned to the normal rhythm.

The current daily chart shows that the price continues to rise, and the retracement is regarded as a normal correction, which is expected to set a new high. The 4-hour chart shows that the price is in the third wave of rising stage, rising continuously but with large fluctuations, and there may be a retracement, so it is necessary to be cautious when entering the market. At present, the price has fallen under pressure and has gone out of the downward trend. However, in terms of form, the low point of the retracement below is getting higher and higher while stepping back, and it is also accompanied by the step-by-step increase of support, which also shows that there has been a change in structure. In summary, we will proceed with the idea of ​​retracement and more in the morning.

Bitcoin 55300-55000 long, target around 57000

Ether 2410-2380 long, target around 2540#加密市场反弹 #美联储何时降息？ #JumpTrading转移资产 #MarketDownturn #美国7月非农就业增长放缓