The morning view of Bitcoin on Monday, September 16 is as follows:

Overnight, the Bitcoin market has a certain degree of correction, and there is obvious resistance at the 60,500 position. The overall rebound momentum is insufficient. Since the rebound is weak, continue to be bearish.

From the analysis of the 4-hour chart, it also presents a multiple top structure, and the moving average resistance has now moved down to around 60,000. After the subsequent rebound to around 60,000, you can continue to short on rallies, and the bearish trend has not ended. The rebound is the time to short. Bitcoin is currently building a top structure. Once it is formed, the road to decline has just begun.

Morning operation

For operation, Ye Wei recommends shorting near the rebound of 60,000, and the target can be around 58,000-58,500!

The current situation is so favorable. If you stick to your own ideas, you will definitely get nothing. You should stop in time and reflect deeply. Don't blindly follow the market and do things recklessly. Why do you let yourself get hurt? #新币挖矿HMSTR #新币挖矿CATI #灰度将推出首个美国XRP信托 #比特币挖矿难度创历史新高 #FTX赎回Solana $BTC $ETH