Wake up and it's another day of harvesting rice. Today's first victory is a success.

Thoughts in the early morning of September 4:
From the current market, the daily line closed lower again with a negative K, swallowing up all the pull-up of yesterday's market. The interest rate cut in September is coming again, but from the monthly line structure, the highs are constantly lowered and the lows are constantly testing downwards. With such a structure, it is difficult to hit a new high again even if the interest rate is cut in September. Therefore, the current retracement is only to accumulate momentum before the September interest rate cut, and to make full preparations for a better high in the future market, so the daily line has not ended. Combined with the current 4-hour line, there is a big negative K going down next to it, from the upper track to the lower track, and the strength of the short-selling volume in the evening can also be seen. After such a market retracement, the current market is corrected by shocks. And from the perspective of such correction strength, the shock range always oscillates around the support point near 57500. Such a structure is obviously a little stronger for the bulls. So our thinking at midnight is still to continue to be bearish.

Bitcoin can be shorted at 58800-59200, target 56600-56800
Ether can be shorted at 2480-2500, target 2375-2395$BTC $ETH #非农就业数据即将公布 #Telegram创始人获保释 #BTC走势分析 #BNBChainMemeCoin #美联储何时降息？