Wednesday's morning Bitcoin insights are as follows:
Overnight, the Bitcoin market is still fluctuating below 58,000. The fluctuation base is relatively small and there is no change. Although the market has hit 58,000, the strength is weak and it is just a false move. Therefore, we should keep the high-altitude thinking in the follow-up operation!
From the 4-hour chart, Bitcoin has multiple top structures. The 4-hour moving average has now formed a dead cross downward pattern. It is still difficult for the bulls to do much. In the case of not breaking through the resistance of 58,000, the market will continue to be high-altitude. If it rebounds below 58,000 during the day, it can still be short. Today's CPI will see whether the market can get out of the oscillation range!
In terms of Bitcoin morning operations, Lin Kun personally recommends rebounding to 57,650-57,950 and shorting, and the target can be around 56,000-55,500!
The market is changing rapidly, and the market is all current. Plan your transactions and trade your plans. How far a person can go depends on who he walks with. How much a person can achieve in the market depends on who guides him! #美国大选如何影响加密产业? #美国经济软着陆? #以太坊基金会 #美国8月非农就业人数不及预期 #BNBChainMemeCoin $BTC $ETH $BNB