Pay attention! Bitcoin 60900 reduction part

CPI data is bearish in the short term. Is 58,900 the bottom at the latest?

Last night, the US September CPI exceeded expectations across the board, but still fell back, which will increase the possibility of a 25 basis point interest rate cut in November. After breaking through the 60,000 mark in the early morning, the price came to 58,900, that is, it rebounded to the current price of around 60,500, and it has also broken through the previous support level. According to common sense, there will be a certain selling pressure after the previous important support is broken. Now it has directly broken through. Do you still think that if it falls below 60,000, it will be 50,000, or even 30,000? I think that when trading, you can't just think that a bear market is coming when you see a decline, and a bull market is coming when you see an increase. You still need to judge the current market based on the actual trend of the market.

In this round of $BTC short positions, we shorted from 64300 to 60300. Yesterday, due to the stimulus of the news, our long position at 60700 was undoubtedly hit. Now the price is above 60,000 again. I think it is not so easy to go down directly. At present, we must first pay attention to the suppression of the upper 60900 line. There is a high probability that it will be adjusted back to the lower support of 60300. The operational suggestion is to directly enter a 5% position at the current price of 60500 and a 2% position at 60300.

The four-hour KDJ forms a golden cross and spreads upward, the RSI9-day moving average turns upward, the hourly MACD is above the zero axis and increases in volume, and the fast and slow lines form a golden cross and spread upward. I still prefer long positions. Specific operations:

$BTC is currently 60500 long orders to enter the market, reduce some positions at 60900, and continue to add reduced positions near 60300. The defense is placed at 59400.

If it breaks again (it is unlikely to happen), then 5% will be added to the 58400 below, and 5% will be added to the 57800. The defense is controlled at 57500, and the target is 61500-62300-63200-64200-65300

The above is purely personal opinion, please consider it carefully! #6万保卫战 #9月美国CPI实现6连降 #SCR价格预测 #CPI&PPI来袭，美国通胀升还降？ #鄂B炒家