Greed is inevitable in human nature, and everyone has it; the same is true for fear. No matter when and in any market, it is innate to every investor and cannot be completely eradicated. It is just a reasonable application when it is appropriate. If nothing unexpected happens, there will be no surprise. Yesterday, under the influence of CPI, the price of the currency rebounded to a high of 61,200, and then fell back again. The low has reached the 58,900 line. Since the change in the market on Wednesday, we have directly given the idea of short selling. At present, it has eaten more than 4,000 points of falling space. Every turning point of the market is accurately grasped. Yesterday, we also gave the idea of high altitude again. When the sense of stability is excellent, we should rush with the trend.
Judging from the current trend of the daily line, the current decline is still continuous. The daily line has gone out of 4 consecutive negatives. The current rhythm is obviously dominated by shorts. Then, in a weak market, participation must be mainly based on rebound short selling. It is not advisable to go against the trend. It can also be clearly seen in the 4-hour chart that the current trend is obviously weak. The market is going down along the way, and the rebound is just a correction, so in this weak market, just go with the trend! Rebound is empty.
Bitcoin: 60500-61000 short target 59500
Ethereum: 2400-2420 short target 2300#6万保卫战 #SCR新币挖矿开始! #9月美国CPI实现6连降 #CPI&PPI来袭,美国通胀升还降? #特朗普当选概率上升 $BTC $ETH