Thursday, September 12, Bitcoin morning market insights
Yesterday's overall market went through a process of bottoming out and rebounding. The market fell from the 58,000 area, and rebounded after reaching the lowest level of 55,500 in the evening. At present, a round of rebound directly reached around 58,500 and then fell back to the 58,000 area again. Yesterday, the bearish market continued to go down all the way, and the intraday market was also full of gains. Although there is a short-term strengthening, 58,500 still has certain pressure, and the high-level stagnation is still maintained in operation!
In the daily structure, the overall trend is oscillating downward. The market has reversed in the short term, but the overall weak links have not changed. The rebound is not a reversal. The currency price is currently suppressed in the middle track area of the daily line. Although there is no blind pursuit of the rise, the 4-hour short-term is in a oscillating upward trend. At present, the currency price rebounds to the upper track under pressure. In the short term, the Bollinger band has signs of closing. If the rebound cannot be effectively continued, the market will inevitably fall back.
On Thursday morning, it is recommended to short Bitcoin at 58500-58700, and the target is 56500-55200.
On Thursday morning, it is recommended to short Ethereum at 2400-2420, and the target is 2300-2250.
Trading is a battle with yourself. Overcome fear and greed, and you can control the market. Remember, every breakthrough is self-transcendence, and every persistence is the persistence of dreams. #美国大选如何影响加密产业？ #BTC走势分析 #以太坊基金会 #美国8月CPI数据高于预期 #特朗普与哈里斯辩论，特朗普概念币普跌
