$BTC Analysis of market strategies at noon on September 4

Review: The market continued to decline after rebounding at 4-5am in the morning. The rebound was too small and the short order strategy could not be activated, which is a bit regretful.

In the morning, the strength also strengthened and broke through the key support line of 57000. The lowest point also reached 55555. It can be seen that this wave of short momentum is also very strong. In the future, the general trend will be towards the 55,000 mark.

At the daily level, the three-day moving averages of the main chart MA continue to decline and suppress at different amplitudes. The KDJ and MACD indicators also show short positions and heavy volume. As far as the daily line is concerned, it is undoubtedly short. The currency price in BOLL is currently falling below the lower rail, and is moving close to the lower rail range. It should be noted that the opening of the lower rail is not large, and the downward space is limited. There is a relatively large gap between the current currency price and the MA5 moving average. Therefore, the probability of rebound within the day will be relatively high. The high point of the gap is near 58200, so the reference operation is mainly rebound short selling.

It is recommended to go short near 57500/800 and defend 58000/see the target and look at 56500/56000.