If this wave of rebound does not break $65,000, then this wave will be dangerous, and a callback may be coming⚠️❗️❗️
Bitcoin has currently retreated to around $63,200, where the upward trend line is located. At present, a wave of rebound has already started. If this wave of rebound cannot go up, then the beginning of October will be a callback trend.
Yesterday, the price has been maintained at around $65,700, and the direction has been chosen today. If this wave of rebound does not break $65,000, the downward trend line pressure of the large cycle and the pressure level of 66,500, then the next week will be the last callback of this wave, and the depth of the callback may not be low.
The tormenting September is about to pass, and the dawn is just around the corner. Don't fall before dawn. The second half of October should rise, and now it is back to the time when the air force is dominant. Observe for the next two days and make a move tomorrow and the day after tomorrow. The current pattern has not been confirmed.
Judging from the current liquidation map, the intraday short position has not increased much, but the monthly short position has increased a lot. The liquidation strength of $66,500 has also reached about 3 billion. Bitcoin is now looking at the position of $63,200. The longer it stays sideways here, the more unfavorable it is for the long position. If you want to short, you can do it near $64,800.
Ethereum is relatively resistant to falling, which is a good thing. Most cottages have not fallen much, which can be regarded as tough.
At present, from the daily trend of BTC, KDJ has turned downward, but the volume of OBV has not fallen much, and MACD is also a little weak and started to go down. Combined, this is the time to look at the callback of the day, so the current operation should still be based on high altitude. This wave of 52,500 rebound has basically ended here.
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