The Bitcoin market experiences significant volatility. After yesterday's rebound, the price fell back to near the 61,000 mark in the morning and continued to fluctuate in this range without showing a strong further rebound. Therefore, ⑩pan chose to enter the market short, but the market fluctuations were limited and no obvious retracement was seen. Until the evening when the CPI data was released, the market released a rebound signal, quickly closing positions and backhand operations, although the backhand long order entry position was not the best.
With the release of the CPI data, Bitcoin briefly tested the 61,800 line, and then fell back under pressure under the resistance of the daily mid-track. At this time, the long position was quickly closed after a profit of nearly 700 denominations. Then the market fell sharply, and the short orders followed up in time, successfully capturing the falling space of more than 800 denominations, and pushing the currency price below the 60,000 integer mark. The momentum of the short side continued unabated. After the second pursuit, it encountered support at the 59,000 line. Shipan once again reaped more than 1,000 points of profit margin, and all positions were cleared out. In terms of trading strategy for the day, although the operations during the day were slightly conservative and failed to fully grasp the potential of large market fluctuations, the overall layout was still effective. A total of 4 trading operations were executed, and the cumulative profit of Bitcoin exceeded 2,700 points. At the same time, the Ether price accompanying the operations The company also recorded a profit of 139 digits.
The CPI data in the evening was positive. U.S. stocks jumped short and opened higher after the opening. At the same time, the price of Bitcoin and Ether surged higher, but it did not get out of the continued pressure below the 62,000 mark and then fell back rapidly. The data are obviously bullish, but the rebound is very small. On the contrary, the retracement is very strong. The situation of the washout is serious, but it is not difficult to understand. After all, the interest rate cut in September is a certainty. If the weight of the car is not reduced, what will happen next? ? On the daily line, Bitcoin still focuses on the 58000-58500 area support, which is also where the 7-day and 10-day moving averages turn upward. In the short-term, refer to the 63000 first-line suppression, while Ethereum continues to focus on the 2600 first-line support as the moving average moves up. At present, the market that has bottomed out many times is expected to rebound again.
Midnight: Bitcoin refers to the 58000-58500 support area, and looks for a counterattack at midnight. The upper side focuses on the 61300-62000 area. Ether returns to the 2600-2630 area, and looks around 2760! #比特币大会 #比特币政策 #以太坊ETF通过