BTC morning market analysis

As the U.S. interest rate hike comes to an end, there are obvious differences between the long and short sides of the market. The market bottomed out in the early morning and made a V-shaped reversal. In the morning, the price fell slightly after touching the chip suppression zone above 42800. The short-term market was under pressure. The price maintains a wide range of fluctuations in the 40,000-43,000 area. The hourly Bollinger Bands quickly opened. The currency price moved upward along the upper track. The MACD bull momentum slowed down. The KDJ third line entered the overbought zone. Technically, the market was overbought. It is quite serious. It is difficult to continue to break through the upper resistance when the trading volume shrinks. The white market rebound trend is bearish.

Operation idea:

It is recommended to rebound 42800-42900 short order, target 42400-22200, stop loss 43300

The strategy is for reference only. Please control your positions and bring stop-profit and stop-loss during operation!