Crypto market analysis 9.3 Sentiment is at a low point, funds are entering the market, is it a real rebound?

Bitcoin has shown a technical breakthrough. For the time being, the market can still be considered a good rebound, but try to see whether the daily line can open an upward trend. The most difficult thing to say at the moment is whether the increase will start or the volatility will decrease.

But now I have closed the short orders in my hands and reopened the long order trend. In the short term, I can bet on a technical increase above, and the sentiment is at a low position. At the moment, I am also quite panicked. After the rebound during the day, I should be careful about the small-level retracement, and the rest is to buy some spot.

Daily level market

 Daily level: The daily level briefly bottomed out and rebounded, with the upper pressure around 60,500. Look for opportunities to move around this position during the day. The bottom support is around 58,700 and the large-level around 57,300 and 56,000.

4-hour level market

4-hour level: The market is in a normal oversold rebound at the 4-hour level. Now it has come to the pressure position near 59800, the bottom support is near 58800, and the support position near 57800 is slightly farther away. See if the market breaks through and whether it will strengthen.

Intraday level analysis

The recent sharp drop in Bitcoin is a normal phenomenon. The main reason is the uncertainty of American politics. As well as the current economic instability, there may be a risk of a hard landing on the news at any time. The current sharp drop and surge are normal. Just keep yourself alive, and don't worry too much about other things.

The intraday decline hourly level rebound market has started, and there may be a wave of rebounds in the short cycle. The upper pressure position is near 59800 and 60500, the bottom support is near 58800, and the support position near the slightly larger level is 58200. The intraday increase is temporarily expected, and the bulls are expected to fall back.

The spot market needs to safely pass this difficult moment in the history of encryption and remain calm in the face of things. #非农就业数据即将公布 #BTC走势预测