2024.9.21 11:11 AM BTC Market Analysis

This night, 1.1 billion CNY was wiped out, 56,404 people went bankrupt, and the early morning of Friday was as volatile as usual, with many liquidations and strong plunder! Last night's trend showed a bottoming trend, and the retracement confirmed the support level below. It is still consolidating above 61,850, and it is still a bullish trend!

BTC Focus

Support 61,850-62,150/60,500/59,500

Pressure 64,000/65,000

The weekend has entered a low liquidity period, and a new high is unlikely. However, the retracement to the bottom can still be low and long this weekend, and the rebound can also be short. It is a high-level consolidation of long and short positions. Both long and short positions have the opportunity to stop profit. There is nothing wrong with spot profit-taking in batches;

The volatility on the weekend is large in the evening and early morning of Sunday. Pay attention to the weekend. Don't carry orders, or consider shorting one hand and squatting in the early morning of Sunday to rush high!

The key points of BTC on the weekend are 63500-63800/61850-62150. You can see if there are any opportunities for short-term trading! #币安上线CATI #DODO助力Meme发行 #加密市场反弹 #美联储宣布降息50个基点 Marvin is the name of Musk's pet dog! Strong community consensus 500 times expected It is expected to be successfully listed on major exchanges The current market value is low and suitable for opening a position#marvin(address 7055)