The market is changing rapidly, and operations cannot be based on one-dimensional thinking. They must adapt to changes in the market.
BTC has rebounded from highs and reached a top. Don’t chase long easily. The rebound of BTC is an opportunity for shorts. The Federal Reserve’s interest rate decision will be announced in the early hours of tonight, and the interest rate cut expectations will soon be fulfilled. After three consecutive positive days, the daily line closed negative for the first time, with a lower shadow line. The small Yin indicates that the short-term market is still strong, but the high pressure is gradually increasing, and at the moment when the good news is gradually coming to fruition, the upward trend is weak. BTC 1 hour high repeatedly fluctuated and then broke down. The top structure is obvious, BTC 1 hour moving average also began to turn, BTC 1 hour If the moving average forms a dead cross, then there will be more room for BTC to fall and adjust.
BTC operation recommendation: short at 60800-61000, short at 61500, target 59000, defend 61800
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