📈 Analysis and Prediction (BTC and MATIC):

#btc - On August 29, the daily trading volume of #bitcoin reached $29.4 billion. Since then, it has moved to lows and as of September 28, it stood at $12.7 billion, indicating a 57% decrease in trading activity. However, bulls can take advantage of the diminishing supply of Bitcoin on the exchanges to push the price towards $30,000. The In/Out of Money Around Price (IOMAP) data, which shows the distribution of current holders' buying prices, also confirms this forecast. They indicate that if Bitcoin is able to overcome initial resistance at the $28,500 level, the low supply volume in the market could trigger a rebound towards $30,000. On the other hand, if trading volumes significantly increase, the next BTC rally could surpass the $30,000 mark. Conversely, bears can nullify the positive forecast if the price drops below $25,000. However, 5.44 million addresses bought 2 million BTC at the maximum price of $26,103. If these addresses hold, they are likely to prevent a decline. Otherwise, a breakthrough of this important support level is expected, leading BTC towards $25,000. 🐻

#matic - A descending resistance trendline appeared on the daily chart of MATIC on February 28 after forming a local high at the $1.57 level. Since then, MATIC has fallen below the $0.60 support level and confirmed it as resistance on August 29. However, MATIC is now attempting to break through this key area. A successful breakthrough will complete the correction and initiate a new uptrend, potentially leading to a 20% rise to the $0.65 region. Otherwise, a 10% drop to the channel support line at $0.46 is possible. 📉

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