9.10 Review of BTC's previous market conditions. Yesterday's midday analysis of BTC pointed out that the upper suppression level was around 55500, and it was recommended to short in the range of 55800-55500. In the evening, BTC rose to a high of 55799, just within the designated shorting range, and short orders were entered. At present, BTC has fallen to a low of around 54800, and the shorts have perfectly grasped 1000 points to leave the market.

Analysis of BTC's market conditions today: As shown in the trend chart, BTC's support was around 54800 last night, and it rose unilaterally to above 58000 and began to fall back. Today, everyone will first pay attention to the previous high suppression level around 58300 above. It is recommended to short directly in the rebound range of 58300-58000; pay attention to the trend support level around 56000 below. It is recommended to go long if it falls back to the range of 55800-56000 without breaking, and consider going long if it breaks down to 54300.

Technically, after the sharp drop of BTC last Friday, the decline space has been repaired, showing a V-shaped structure. The 2-hour chart is around 58,000 in the early morning, and the TD indicator closed green 13 above. The big cycle continues to turn short. At present, three consecutive negative bars have been collected. The upper track of the Bollinger Band is suppressed near 57,800. It is recommended to short at the rebound high.

BTC midday operation strategy:

1.58300-58000 range short, target 57300-56500, stop loss 58800

2.55800-56000 range long, target 56800-57300, stop loss 55300

Risk warning: The market is changing rapidly, and transactions need to be flexibly controlled. Investment is risky and operations need to be cautious!