Market Analysis 9.27
Good afternoon, brothers. The market pulled back yesterday.
We remind you to play the long game and hold on.
Now BTC has stabilized at $65,000.
According to the on-chain data, from September 24 to today, September 27, more than 15,000 BTC have flowed out of the exchange in 3 days.
Yesterday, the stablecoins in the exchange began to rebound.
In the past 3 days, a whale withdrew 3,501 BTC (about 221.39 million US dollars) from Binance.
This whale made money 3 times. After each large accumulation, the price of Bitcoin rose sharply.
We also analyzed a few days ago that there were obvious signs of whales bottom-fishing in September. There was a wallet that increased from 2,625 on September 6 to 23,732 on September 20. The increase in holdings of BTC worth $1.4 billion was terrifying. It might be the world's top billionaires such as Li Ka-shing or Bill Gates. At the beginning of September, many brothers said that according to historical statistics, September would fall. Most analysts, on Twitter and Binance Square, were frequently shorting, saying that it would fall to 40,000. Only we advised everyone to hold on and not sell at the bottom. Now we finally see the results. In fact, investment analysis is not nonsense, and it cannot be affected by emotions. It is necessary to make a well-founded judgment based on the Fed's policies and on-chain data. At 8:30 p.m., PCE data will be released, which is one of the Fed's preferred inflation indicators. If it is lower than expected, then BTC will accelerate to 70,000. If it is higher than expected, it will face a short-term correction. In any case, we still have to play the long game. We are in the early stages of a global waterproof cycle.
Today, A-shares have skyrocketed.
Only by holding on to your money patiently can you get big results and avoid selling out.
