September 27 BTC/ETH market analysis
Good news: Bitcoin follows the A-share market and not the US stock market
Under the stimulus of the central bank's three-pronged approach of interest rate cuts, reserve requirement ratio cuts and mortgage loan cuts, the A-share market also successfully won 3,000 points yesterday. In just two days, the market went from 2,700 to 3,000. It is not an exaggeration to say that it took a rocket ride. When the article was published yesterday, Bitcoin's technical indicators were all bearish and shaky. Who knew that after the article was published, Bitcoin followed the A-share market and rose all the way, rising for a whole day.
This slap in the face was as fast as a tornado, making technical analysts embarrassed to pick their feet.
When the US stock market opened in the evening, Chinese stocks took over the A-share market during the day and continued to rise, but the US stock market unexpectedly fell. Bitcoin did not follow the US stock market, but continued to rise. A big positive line broke through the pressure level of 65,000, hit 66,000 to collect rent and fell back, and is currently consolidating around 65,000.
There are still 3 days left before CZ is released from prison. Pay attention to the ambush of the BNB sector market. HMSTR went online yesterday, and the opening price was about 0.012. The current price is around 0.0068, which has fallen a lot. The project owner has eaten up more than half of the coins of retail investors, and he has been selling them by selling them. It is really difficult to get back to the opening price. The leeks who took over this garbage coin are going to be cold.
Today's market analysis, from the K-line, $BTC market is sideways at the one-hour level (there is a high probability of falling). The 4-hour and 12-hour levels are rising, and the daily level is also rising (for several consecutive days, it was believed that the daily level would fall, but it just didn't fall below, there is a bit of a weird component in it), the intraday pressure level is 66400, and the support level is 63300 US dollars.
