$BTC $ETH #BTC走势分析 Engulfing structure appears at the four-hour level. Is it a lure or an upward demand?

Bitcoin hit 58,000 again in the early morning and fell back under pressure, forming a double top structure at a small level. In the four-hour view, Bitcoin's rise yesterday formed an engulfing structure, but it was under pressure from above and did not break through. The current market trend is still not ideal. Today's presidential debate may bring market fluctuations. If the price needs to maintain a strong bull market, it must stand firm at 56,350, otherwise it may fall back to around 55,000. Intraday operations are still looking for high points to short.

Big Cake suggests: enter short positions in the 57200-57700 range, target around 55500, risk control 57900

Ethereum is currently running in an upward channel, breaking the suppression of the previous downward trend line, but after the breakthrough, there was no bullish strength, but a fall after touching the 2400 mark. At present, Ethereum needs to strengthen and still needs to test the previous downward trend line downward to form a support-resistance exchange. If it does not fall below, you can consider entering the long position. According to the current market, follow Big Cake to see a wave of callbacks.

Second Cake suggests: enter short positions in the 2375-2395 range, target around 2320, risk control 2405

Again, no matter how high your judgment of the future market is, you must take profit and stop loss.

In investment, everyone has their own different experiences and stories. As long as you are good at summarizing, overcome the weaknesses of greed or fear in your character, and develop correct investment ideas and good operating habits, then one day, you will leave your own wonderful investment story.