9.13 Bitcoin repeatedly surged and then fell from its high position. Morning's latest market trend forecast!

#降息在即，ETH能否扭转弱势开启上涨行情？ #推荐3个值得关注的猫主题Meme币 #参与CATI PreMint交易，提前锁定空投收益！

——I am analyst Li Hong

On the daily chart, the overall trend is oscillating down, with a certain rebound in the short term. However, this rebound is clearly under pressure in the 58500 area, which is the middle track area of the daily chart. Therefore, if this position is not broken, there is still a high possibility of the market falling back! On the 4-hour chart, the coin price has risen to the upper track area but failed to continue to rise, and the Bollinger band shows signs of closing. Therefore, the high position is all under pressure, so do not chase after the rise too much if the pressure is not broken.

The technical structure can be seen in the four-hour chart, and the Bollinger Bands are in a state of contraction. The K-line oscillated and rebounded, touching the resistance of the upper 120-day moving average, but the bulls did not form a sustained breakthrough. Instead, they were under pressure, fell back, and stabilized above the middle rail, showing a trend of oscillation and repair. Currently, in the short-term market, both long and short sides have not shown excessive continuation. The overall pattern is still a trend of oscillation, so it is not excessively pursued for a one-sided market. It is recommended to follow the contraction trend and check the latest analysis on the same name and Shrinkage Trend Public Number. The K-line found support after three consecutive declines and then rose sharply, recouping the decline space and also showing a small decline, but the downward momentum is clearly limited. Currently, the Bollinger Bands are in a state of contraction, and the upward trend in the short term has not changed. The technical indicators MACD and KDJ are both showing a bullish upward trend. Overall, there are no signs of a downturn in various indicators and structures. Pay attention to the breakthrough of 59000 and 57000. If there is no effective breakthrough, you can participate in high selling and low buying in this area!

#BTC #ETH
Short-term operation suggestions:

Short Bitcoin 58500-58800, target near 57000
Short in the 2380-2400 area for Ether, watching near 2200

The above article is written by Li Hongtrend, and the article only represents personal opinions. The positions of various platforms are inconsistent. The above analysis content only represents the author's personal opinions and does not constitute specific operations. The article is lagging, and operating based on it is at one's own risk. Investment involves risks, so be cautious when entering the market.