9.22 Accurate market analysis:
Have a happy weekend, everyone. Yesterday's market analysis gave the following judgment:
BTC rebounded from $54,000 on September 8 to $64,000 for two consecutive weeks.
It is time to take a break, consolidation + small correction.
In addition, there was no ETF fund inflow over the weekend, and international conflicts intensified.
It may pull back to $61,000.
Some coins that are profitable can be sold below.
This position is not suitable for adding positions. If it falls below $61,000, buy it again.
It will take a few days to pull back, and then continue to move upward in the shock.
This month, there are obvious signs of whales buying the bottom.
There is a wallet that increased its holdings from 2,625 on September 6 to 23,732 on September 20.
It increased its holdings of BTC worth $1.4 billion.
Who can take out $1.4 billion at one time?
It must be the top 50 on the Forbes list.
Or a country's strategic reserve.
From August to now, a large amount of BTC has flowed out of the exchange.
In addition, the Federal Reserve may cut interest rates twice this year.
The general trend is upward, and we need to be more patient.