Wednesday, good morning for a new day!

Shock, or shock to consolidate the trend! Bitcoin rebounded to the 57,000 level yesterday evening. At midnight, a short-term advice was given. The current price of the currency is back around 56,000. Congratulations to those who kept up with the idea and gave it a thousand-point profit 🈳!

Currently, Bitcoin has a positive line of nearly 3,000 points on a daily basis. The restorative rebound after the sharp decline has eased the head sentiment. At present, the five-day K-line is in the shape of a hammer, and the overall range has moved upward. It is not very strong and has a long shadow line. Therefore, it is not recommended to blindly follow up if it does not break through the key position within the day. In the attached picture, the slow line of MACD is close to the zero axis, and the fast line is still below the zero axis. RSI and Stoch maintain a downward posture. This shows that the market still needs to recover from the shock after falling. On the hourly chart, the Bollinger Bands showed a closing posture, and the price quickly rebounded after stepping back. The price rebounded for 4 hours at midnight and was suppressed near the mid-track 57,000, but did not break through. It fell back again, and the intensity was also not great. It is currently falling back to around 56,000. At present, even if the price falls below If there is room for a retracement, it won’t be very big either. Just continue to treat it as a range in terms of thinking. If the position breaks, then follow up!

Wednesday morning: Bitcoin stepped back to the 55000-55500 area and took a look at the rebound, targeting the 57500-58000 area. Ether steps back to the 2400-2430 area once, and then waits for the rebound to the 2500-2530 area! #加密市场反弹 #美联储何时降息？ #JumpTrading转移资产 #MarketDownturn #美国7月非农就业增长放缓