Weekly report and future market plan
I. Market review and current situation
September market review:
This month, BTC prices started to be bought from around 57,000, and finally bought at 55,555-54,000. After a series of fluctuations, it finally successfully reached the target position of 60,600.
During this period, we adopted batch buying and guerrilla strategies to effectively capture the market's volatility opportunities and achieve the established profit-taking target
Implementation of the plan in early September:
According to the planned plan, we bought BTC spot at key positions and gradually realized profits as the market rose.
During this process, I always maintained a keen insight into the market and responded flexibly to ensure the effective implementation of the strategy and reach the target.
II. Technical analysis
BTC:
The 4-hour chart shows a bearish trend, but the daily line still maintains a bullish pattern.
To disrupt the bullish trend of the daily line, we need to pay attention to the breakout of 57,000.
The short-term target is in the 55,680-54,444 area, and this range will become the focus of my attention.
ETH:
The support level is maintained near 2250, and the suppression level is in the range of 2400-2500.
The daily bullish trend needs to stabilize above 2500. Although the current trend is weak, it has reached the oversold position of the weekly line.
It is expected that in the next week, ETH will continue to maintain a volatile pattern without destroying the support of 2200.
SOL:
The overall trend is volatile, with the lower support at around 125 and the upper target range at 135-139.
3. Operation strategy and risk control
$BTC :
The current holding cost is lower than 55000 spot, and there is no better buying logic or any data.
If the price falls back to the range of 55680-54444, you can consider buying again.
A more ideal buying point structure appears around 48444. You need to pay close attention to the changes at that time. Sorry, BTC has not appeared a daily buying point, so you must wait patiently.
$ETH :
Continue to pay attention to the market performance in the 2200-2050 range
In this range, it is worth considering
$SOL :
Wait for the price to pull back to around 100 before considering the huge buying opportunity of spot.
4. Focus on events
September 18: Trump's "hush money" case verdict, Token2049 held in Singapore, and the Federal Reserve's interest rate meeting.
September 29: Zhao Changpeng may be released from prison.
