Late Night Analysis of Bitcoin Trend #非农就业数据来袭 #九月加密市场能否突破?
Yesterday's overall performance was characterized by narrow fluctuations, with both bullish and bearish momentum showing caution. Although there was a quick rise in the morning to test the resistance of the previous high on the 4-hour chart, it failed to form an effective breakthrough, indicating that the market is still in an adjustment period, lacking significant upward momentum.
Current technical structure shows that the coin price is still under pressure below the short-term moving average system, and the rebound strength remains limited. It is recommended to focus on short positions today, relying on the resistance area of the 1-day moving average, and to gradually build short positions during rebounds.
Bitcoin: Short around 111000, targeting 100000