BTC Morning AnalysisLast night BTC dropped sharply by $5000+, 79,188 people were liquidated, 33 billion CNY evaporated! The market is too brutal, not caring about small investors, last night the bookies have perfectly harvested liquidity! Last night when 61,850 was broken, the price plummeted, pay attention to the movement at key points! BTC needs attention Support 58,500/57,500/56,100 Temporary resistance 60,000 at the psychological threshold Last night's sharp decline once again reminded us that, recently can not trade short-term with any structure, once you prepare the structure, the market will overthrow you, continue to push small investors into high-frequency short-term trading, and then continue to create big fluctuations to harvest! The key point to pay attention to today is 58,500, if this point is broken and does not recover, then there is still room for decline during the day, do not rush to trade! Please wait patiently! Regarding trading: At present, most altcoins have fallen to the starting point of the rise, but there are still about ten days until September 6/7, still need to be cautious, near the end of the month there will be a strong fluctuation, the current market is like a headless fly, do not know the direction, many people are watching and waiting for opportunities!