The monthly line is a small positive line with long upper and lower shadows. The amplitude is close to 24%. The trading volume is one-third less than that in August. The bulls and bears are still in a fierce game.
The monthly MA30 line maintains an upward trend, and MACD shows a weakening upward momentum above the zero axis.
The monthly line is still bullish, and the impact of the interest rate cut will gradually become apparent. A large amount of funds need to be carried by multiple targets. The approval of Bitcoin ETF is to carry the demand for funds. The layout of the Americans is emerging step by step, so just sit tight and hold on.
The daily line is a black line with a short lower shadow and a relatively long body. The trading volume is nearly 4 times that of the previous day. It is a decline with volume. This wave is aimed at the fixed-point blasting of the contract long orders.
The daily MA30 line is still in an upward trend, and MACD shows a weakening upward momentum above the zero axis.
After a short-term rebound, it will fall back, but it will not plummet. The retracement trend will be within the daily level.
After the retracement here, it will turn into a volatile trend, move out of a range of volatile accumulation, and then continue to rise. The opportunity is still on the cottage
Daily pressure level 65840-67600-68200-70000 Support level 62100-60600-59490
From the hourly level, the 4-hour rebound has been completed and has now expanded to the 8-hour rebound. It has just fallen back to the support level of the 8-hour EMA52 line. Next, we need to wait for MACD to return to the zero axis, and then there will be a rebound trend.
In the short term, you can go short at 64250 and 65850, and go long at 62950 and 61800. Pay attention to stop-profit and stop-loss.
From the three-day liquidation heat map
The price is going up, and there are a lot of large and super large short orders waiting to be liquidated in the 63900-66950 area.
The price is going down, and there are some large long orders waiting to be liquidated in the 62750-62000 area and 61500-61000 area.
