9.26 Bitcoin and Ethereum Market Insights
From the current overall market, the hourly line pattern repeatedly hits highs and falls back, which also indicates that the bulls have further increased their volume. The overall market is still in a strong bull market, and there is still hope to accumulate momentum to challenge the high point again.
The price of the currency is showing a step-by-step display, and the overall trend is still dominated by the bulls. After a strong rise, it continues to rise after a retracement. The current retracement is not surprising. With the fermentation of the interest rate cut news, central banks of various countries have successively announced interest rate cuts, and there will be a large amount of funds flowing in. Therefore, for the subsequent large layout, I am more optimistic about the bulls, and the market will also usher in a new round of highs.
Big cake retraces 62700-62500 and the long target is 65000
Auntie is around 2550-2570 and the target is 2750$BTC