9.16, Wednesday, big pancake, afternoon outlook
After the big pancake dipped to 749 in the early hours, it moved out of a wave of corrective rebound. The white [mark/level] has been consolidating and stabilizing around 759.
This uptick can only be considered a technical corrective rebound within a downtrend. The rebound strength is limited; the downward pressure hasn’t been reversed. Resistance above is clear. Tonight’s U.S. Federal Reserve interest rate decision is the top priority. Overall, the Silk Road remains unchanged today; we’ll continue to look at the downward pressure.
In terms of operations
On a rebound, consider shorting the 765–770 zone of the downward pressure. The first target is the low point of 749 from the early-hours. If it breaks through, continue to look for around 735, near $BTC #美联储加息是否已成定局 #以太坊跌破2400美元
After the big pancake dipped to 749 in the early hours, it moved out of a wave of corrective rebound. The white [mark/level] has been consolidating and stabilizing around 759.
This uptick can only be considered a technical corrective rebound within a downtrend. The rebound strength is limited; the downward pressure hasn’t been reversed. Resistance above is clear. Tonight’s U.S. Federal Reserve interest rate decision is the top priority. Overall, the Silk Road remains unchanged today; we’ll continue to look at the downward pressure.
In terms of operations
On a rebound, consider shorting the 765–770 zone of the downward pressure. The first target is the low point of 749 from the early-hours. If it breaks through, continue to look for around 735, near $BTC #美联储加息是否已成定局 #以太坊跌破2400美元
