Thursday midnight operation tips:

Recently, the price has shown a trend of high exploration and decline. The daily small negative line retreated to the lower track. After breaking through 58,000, it did not continue to strengthen, indicating that the bulls are insufficient and may test the lower support again.

Yesterday's news did not trigger a deep decline, but the low closing showed that the short-term bulls were weak and the market was in a volatile pattern. Pay attention to whether it can quickly recover today.

The 4-hour chart shows that the price fell back to above 55,000. After breaking through 58,000, there was no strong rise and it remained volatile. The midnight market is expected to have limited fluctuations. Pay attention to the conversion between long and short positions and find the right entry point. In terms of operation, it is recommended to mainly do more on the retracement.

Operation suggestions

Pie

Buy around 56,100-56,700, with a target around 58,900.

Ether

Buy around 2290-2310, with a target around 2440. #美国8月CPI数据高于预期 #特朗普与哈里斯辩论，特朗普概念币普跌 #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？ $BTC $BNB