Insights on Bitcoin's evening market on Friday, September 20
After a round of highs in the 61,400 area, it failed to continue to rise. The market continued to fluctuate and adjust in the short term. In the afternoon, it fluctuated around the 63,700-63,300 area. The bullish idea in the morning was to close the increase of 1,700 iodine. At present, the high position is under pressure and the short-term rhythm begins to weaken. Pay attention to the market's retracement in the evening.
In the short term, there is stagflation at high levels. After the surge, it has been slow to break the upper pressure, thus showing a slow decline. The 4-hour market has a turning phenomenon, and there may be a callback in the short term. In the case of weak shocks and downward movements in the short term, the decline is expected to continue. The top casting signal has appeared on the hourly line, so you can follow the trend and participate in the short position at night.
It is recommended to short the big cake at 63300-63500 on Friday night, and the target is 61700-61000.
It is recommended to short Ethereum at 2550-2560 on Friday night, and the target is 2480-2430.
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