10.4 Friday, Bitcoin morning market insights
Weak market, new lows are being given step by step. Yesterday, Bitcoin's trend was still weak and downward. The market rebounded to the 61500 area yesterday morning and then fell back under pressure, with the lowest reaching 59800. Yesterday, the idea was also clear to short the 61200-61500 area of big cake, and the market came as expected. The bearish idea once again gave 1700 iodine to fall back. The profit of the thousand-point space was also eaten in the middle of the day. As the market continued to fall, the high-altitude idea continued to remain unchanged in operation
The daily line structure gave a short-term correction after the big negative fell, but the overall trend was still weak. From the 4-hour chart, the Bollinger band diverged downward as a whole. After the K-line Yin and Yang conversion, a red entity column opened the short pattern again, and new lows were constantly given. Then under this extremely weak structure, the rebound momentum is insufficient, and the structure is still in a bearish form, so we still keep the high-altitude idea unchanged in the morning operation!
On Thursday morning, it is recommended to short Bitcoin at 60700-61000, and the target is 59500-58000.
On Thursday morning, it is recommended to short Ethereum at 2360-2380, and the target is 2250-2200.
The road of trading is like climbing a mountain. Every step of persistence is getting closer to a more beautiful scenery. Believe in your choice, and you will surely reap a brilliant harvest in the future. #加密市场急跌 #大A香还是大饼香 #非农就业数据即将公布 #美国8月核心PCE创4月以来新高 #美SEC对Ripple案裁决提出上诉 $BTC $ETH $BNB
