【Money never sleeps, both long and short positions have opportunities】

Bitcoin rebounded under obvious pressure, and shorting directly is expected to continue!
$BTC
The overall trend of Bitcoin yesterday was weak, showing a weak and volatile downward trend. Until the late trading node, the lowest price of the currency came to around 57100 and rebounded to repair. The highest price came to 58800 and encountered resistance and fell back. The current situation is running around 58400.

Yesterday's operation clearly pointed out that Bitcoin was bearish, and gave the idea of ​​shorting around 58600. The late trading market also went down as expected, and the idea of ​​shorting was perfectly verified. The shorting accurately won 1000 points of force.

From the technical structure of the four-hour chart, the three lines of the Bollinger Bands are in a shrinking state. The K-line rebound is suppressed by the middle track line. The bulls did not form a continuous breakthrough, but were under pressure and stepped back. However, the market rebounded after the bottom met support, but the strength was relatively small. It can only be regarded as a rebound repair after a weak downward exploration. The daily K showed a step-by-step downward trend and closed negative continuously, and the lower lows were also breaking down. Since the shape and structure show a weak downward trend, the operation is still mainly short and look at the decline. If the bottom support is not continued, there will be a short-term long.

For specific points, please refer to

Bitcoin 58400-58800 area to intervene in short orders in batches, with the target of breaking below 57000 and holding. If it does not break, you can take over and look at the rebound space of 800-1000 points. #美联储何时降息？ #MtGox钱包动态 #新币挖矿TON #美国CPI数据连续第4个月回落