2024-09-29 BTC Market Analysis

First of all, it is customary to emphasize that we are still in a daily level rebound since the 7th of this month, and this rebound will reach around 68,000.

From the 20th to the 26th, a 7-day hourly level center was built, and finally broke through 65,000 and directly stood on 66,000. Therefore, Bosheng personally believes that it will not fall back below 62,000 before reaching 68,000, otherwise it means the end of the rebound and the change of trend.

Short-term

The weekend trading volume has always been sluggish, and it is currently in a 1h level retracement, and this retracement will reach below 65,000, around 64,600-64,800. But it doesn't mean that it will fall straight down in one go. It may rebound before that. Because of the current trading volume, any large capital entering the market can instantly generate fluctuations of several hundred points. So normally, if the current rebound at the 1h level cannot directly rebound to around 65900 after reaching around 65200, then 65000 will definitely not be able to support it. $BTC #加密市场反弹 #美联储11月降息预期升温 #BTC☀ #BTC走势预测 #BTC走势分析

Direction: Short

Selling point 1: Current price

Selling point 2: Around 65700