Morning analysis of Bitcoin

The recent price of Bitcoin fluctuated between 57,000 and 58,000, forming a relatively stable range of fluctuations.

A long negative line appeared at 21:00 on September 11, and then the market gradually recovered, but the overall upward trend was weak.

MACD: The current MACD is in the positive area, but the gap between DIF and DEA is narrowing, showing signs of weakening bullish power. There may be a need for adjustment in the short term.

The trading volume has increased in recent hours, especially last night, showing an increase in market activity.

Overall, the trading volume and price trend help confirm the effectiveness of the current range of fluctuations

Today's operation ideas

Long around 550-560

Short around 595

Stop loss 400 points

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