A new week is a new beginning. Looking back at the overall market over the weekend, it was an uneasy weekend. After testing the upper 63400 without breaking, it fell back again and returned to the support near 62000 before rising again. Judging from the market in the early morning of Monday, the market rebounded upward after the bottom support was blocked, and the highest rise was near 63000. The point given for shorting at high positions was a little radical last night, but the overall idea of shorting at high positions after rebounding was not a big problem.
The big cake bottomed out and rebounded. The weekly cross star K closed near the middle track of Bollinger. From the perspective of the market trend, the high point is still moving down, and the low point has been testing downward. The overall trend is still dominated by shorts. In the long run, the weekly trend of the market outlook can continue to be viewed as diverging downward. In terms of daily structure, the high point of K line was blocked to form a new downward trend line, and the price of Bitcoin recovered the retreat at the beginning of the week for two consecutive trading days, but did not create a break at the high point, but the low point was refreshing. So from the perspective of our long-term plan, we can continue to look below 59000. From the perspective of the four-hour line, after the early morning pull-up, the range of the bottom of the disk shock was supported by the middle track, but from the current Bollinger band closing shape, the upper pressure level is still strong, so the short-term goal is definitely to look down to break the support. The KDJ indicator line on the hourly indicator line formed a dead cross, which also indicated this short-term downward trend. So our bearish thinking remains unchanged during the day.
Bitcoin can be shorted near 63000-62700, with a target near 61500. The band blindly looks at 59000. Ether can be shorted at 2460-2490, with a target near 2380. #多军的反击 #9月美国CPI实现6连降 #加密市场反弹 #美国9月PPI年率高于预期 #美联储会议纪要曝9月降息幅度有分歧 $BTC $ETH
