【Monday midday mainstream market analysis】
A wave of retracement in the morning successfully hit our profit-taking point. Although it was a small loss, the previous holding was not in vain. At this time, we cannot be greedy. We should sell it when we should. After all, we have held it for too long. It is best to arrange the next order well. People are greedy and swallow elephants. It is not good to get the opposite result.
From the daily line, the extreme continuous positive finally stagnated near the 60 mark. The weekly K closed negative and successfully hit the previous starting point of 58 this morning. At present, the rebound is gradually ending. We are still holding the short position of 586. For now, it is normal for the Asian and European sessions to repair. As mentioned earlier, there is room for repair from the overall perspective. We pay attention to the 59-60 range before the US market. If the break does not continue, we can go short. I am still optimistic about the current head and shoulders top structure of the daily line.
Operation suggestion
Short around 59-60
Target around 57-58
Defense 61
Break 56#新币挖矿HMSTR #新币挖矿CATI #加密市场急跌 #美联储利率决议公布在即 #美国大选如何影响加密产业? $BTC $ETH $BNB