Bitcoin Market Analysis on September 11th
In yesterday's analysis, we said that the market would first rebound and then start to decline. During the day session and the first half of the night, the market basically followed the plan and was running. The short positions we took basically doubled, and we also reminded everyone to reduce their positions. In the early morning, the market rallied again, with Bitcoin not breaking the previous high and Ethereum breaking the high point. From a structural point of view, Ethereum can complete this upward structure. Tonight, there may be short-term volatility due to CPI data, so we should trade with the right mindset today. If Bitcoin falls below 56,400, we should sell in batches on the rebound, and if Ethereum falls below 2,320, we should sell in batches on the rebound! Before the market falls below these levels, it is still considered a high-end oscillating market!
This video is purely a personal sharing of trading experience and preliminary forecast of future market trends, aiming to provide information for reference, and does not constitute any investment advice or operational guide.
