#The price fluctuated upward in the afternoon. Each rise was accompanied by a fall in most of the space, entering a larger range of fluctuations, with both long and short sides playing alternately. Until the evening news came, the data was in line with expectations. The price fell first and then rose, forming a V-shaped trend, with the lowest reaching around 55545. In addition, the probability of the Fed's 50 basis point rate cut was reduced, and the market was once in panic. At present, the price has risen again to around 57600.
From the current market, the daily small negative K-line fell back to the lower track of the range. Although it broke through the neckline of 58000, it failed to continue the strong upward attack, but retreated, suggesting that it may test the low again to seek support. The key support level of 55000 needs to be paid attention to. In addition, in a strong market, it usually rebounds quickly after stepping back, but yesterday's low closing made the short-term bulls weak, and the market showed a fluctuating trend. The 4-hour chart shows that the price has regained its footing above 55000 after a single negative line fell, but it did not rise strongly after breaking through 58000. At present, it is still in a state of repeated fluctuations in the short term. After closing low yesterday, it may be confirmed by stepping back in the short cycle. It is expected that the midnight market will not fluctuate too much. It is necessary to pay attention to the strength of the long and short conversion. The upper space is limited. Whether it can effectively break through 58,000 again remains to be observed. We will focus on the idea of doing more at low levels and continue to be bullish. Ultra-short-term can be entered directly, pay attention to defense
Big cake 57400-57100 long, target around 58500
Ether near 2330 long, target around 2400#特朗普与哈里斯辩论,特朗普概念币普跌 #美国8月CPI数据高于预期 #比特币挖矿难度创历史新高 #美国大选如何影响加密产业? #美国经济软着陆?