Thursday, September 12, Bitcoin evening market insights

The overall volatility of the intraday market was not too large. After a round of rise to 58,500 in the morning, we also gave a high-altitude idea. Finally, the market fell slightly in the evening. The intraday short orders also closed 700 points after a day of volatility. There was not much retracement in the short-term trend, so we can continue to pay attention to the rebound of the market.

At present, the 4-hour chart is showing an upward trend of shocks, and the short-term shock and retracement strength is relatively small. The main structure belongs to the form of more. According to the current market sentiment, it is still biased towards bulls. Combined with the current hourly Bollinger band closing low price, a small Yin K fell below the middle track from the upper track, but did not give a continuation of the downward track and turned to Yang K after closing. In terms of the overall market, our bullish thinking remains unchanged.

On Thursday night, it is recommended to go long on 57300-57000 for big cake, and the target is 58500-59500.

On Thursday night, it is recommended to go long on 2320-2300 for Ethereum, and the target is 2400-24500.

Time flies and never stops. We can't waste time in hesitation and waiting. Seize every moment, water hope with sweat, and write glory with hard work. Let us shine our own brilliance on the stage of life with high morale and unyielding spirit#美国大选如何影响加密产业？ #Telegram创始人获保释 #BNBChainMemeCoin $BTC $ETH $BNB #美国经济软着陆？ #特朗普哈里斯辩论未提及加密货币