Bitcoin was bullish on CPI last night, but in terms of the market trend, there was still no obvious breakthrough. Last Friday, the non-agricultural data was bullish, but it did not break through the new high. It can be seen that the resistance of the historical high above is strong. Therefore, in terms of the subsequent market trend, the high point is still under pressure and continues to look at a high and fall back, and the bearish idea remains unchanged!

From the 4-hour chart, we can see that there are multiple top structures at high levels, and the new high has not been broken for many times in 4 hours, so the upper resistance is still heavy. The morning rebound was under pressure near 58450 and was blocked and pressured to fall back. The rebound is just an illusion, and the overall rhythm has not changed. Just continue to short the rebound!

One effort, then decline, and then exhaustion. If Bitcoin cannot break through many times, it will inevitably hit the confidence of the bulls. Going against the current, if you don’t advance, you will retreat. If you are under pressure at high levels, continue to short!

In terms of Bitcoin afternoon operations, Lin Kun personally recommends rebounding 58350-58850 to short, and the target can be seen in the area of ​​56500-56000! #美降息25个基点预期升温 #美国8月核心CPI超预期 #特朗普哈里斯辩论未提及加密货币 #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 $ETH $BNB $BNB