Insights on Bitcoin's evening market on Friday, September 13

After continuous fluctuations at high levels, Bitcoin finally fell slightly in the evening. The market fluctuated slightly. Shorting was given to 58500-58700 in the morning and afternoon. After a slight rebound to the 58400 area in the afternoon, it fell again. The rebound momentum was always insufficient. The short positions in the middle of the day were also held. The short-term also stepped back by nearly 700 points. The market began to fall due to insufficient upward momentum. In terms of operations, we continue to pay attention to the decline of the market

At present, the price of the currency basically maintains a small fluctuation rhythm at a high level in the 4-hour structure. The long and short positions switch back and forth, and the upper pressure is also relatively strong. It is difficult to break through the high position, so the risk of falling back is still relatively large. If the horizontal position lasts for a long time, it will fall. The short-term consumption of the upper pressure consumes the momentum of the bulls. Therefore, this rhythm cannot be established without breaking. A narrow range of fluctuations is formed on the hourly line. What is waiting for the end of the week is a break. If the suppression is not broken in the evening, we can pay attention to the continuation of the short position.

On Friday night, it is recommended to short Bitcoin at 58500-58700, and the target is 57500-56500

On Friday night, it is recommended to short Ethereum at 2380-2400, and the target is 2300-2250

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