9.2 BTC latest market analysis: Emergency notice, the chill is coming quietly! Isn't the current decline of Bitcoin a good sign?

After yesterday's shock consolidation, the price of Bitcoin fell back to break through the 57,000 mark. After midnight, the price rebounded to 58,700 and began to fall again under pressure. It is currently fluctuating around 57,200 again. In the 4-hour performance, the weak decline, from the perspective of the K-line amplitude, after the rebound correction of the B wave, the break of the low C wave is an accelerated process, and the weak decline has no rebound. And the duration is long, and the continuous increase in volume for two consecutive trading days can also be seen. The evolution of the short-term structure will be more complicated in the future. The double moving average of the hourly chart still suppresses the performance of weakness. Judging from the hourly chart alone, in the weak correction market, the rebound is still mainly high-altitude. Before the formation of a pullback break, the trend should not be speculated to end too early. The space and time of continuity can be large or small. Combined with the 30-unit moving average and the daily middle track resistance, it is around 60000-61000. It is also the previous opening position. This position is the resistance of this week. Intraday short-term operations maintain rebound shorting, and short orders at low positions are timely closed at low positions after breaking lows.

BTC operation suggestions: Consider taking short positions when it rebounds to around 58300-59000, with a target of 57000-56000, a break of 55000, and a risk control of 59500. The main focus is on reversing positions and unwinding at high positions. For follow-up orders, please consult Wei eth2870.

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