It has been emphasized many times in the early stage that rebound is not a reversal. The market has been confirmed again. Can those trolls shut up? Facts speak louder than words. What's the use of relying on guessing? Trends must have unique insights. Now the market has completely broken. The next target is 57,000!

From the 4-hour chart, we can see that after the market went sideways, it did not go out of the high again, but showed three large negative columns straight to the bottom. It has been emphasized many times in the early stage that there is strong resistance at 61,000, and the possibility of breaking through is very small. The sideways consolidation is just accumulating power, which does not mean that the market still has room to continue to rise. Now the trend is very clear, directly taking away all the gains of the bulls in the early stage. The market still has the momentum to continue to fall, so we continue to remain bearish in the future!

For Bitcoin midday operations, Lin Kun personally recommends rebounding 58,850-59,350 to go short, and the target can be around 57,500-57,000! #新币挖矿HMSTR #新币挖矿CATI #灰度将推出首个美国XRP信托 #FTX赎回Solana #美国8月核心CPI超预期 $BTC $ETH $BNB