Another week has ended. Let's review this week briefly. The intra-week volatility was not outstanding compared with the previous weeks. At the beginning of the week, it began to pull back from the high point of 64500 to the low point of 58900, and then accumulated strength. Then, only on Friday, the bulls were strong and the space for the pullback was mostly recovered. Therefore, a V-shaped trend was formed. The market was a normal range oscillation over the weekend, which did not make an effective contribution to the trend. Unfortunately, we lost one order in the real market during the week, which was very regrettable, but it was also normal and easy to fight back in the later period. This week was still a relatively satisfactory week.

From the current market, the four-hour line showed that the price ratio once rose to 63345, but then fell back, and is currently fluctuating around 62000. In the short term, the price ratio is still under strong pressure. If it cannot hold the 62000 point, it may test the lower track of the Bollinger band or even a lower support level. The hourly price ratio showed some signs of rebound, and the technical indicators also tended to strengthen. But we know that the overall trend of the market is weak and remains in the downward channel. In the short term, the exchange rate may test the resistance level near 63,000. If the breakthrough fails, it may continue to pull back to the support level around 62,200. In the short cycle, the bulls are strong and will continue to test the upper resistance level. We will first look at the continuation of the bulls, and then go short at a high level.

Bitcoin 62,800-63,100 short, target around 61,300

Ether 2460-2470 short, target around 2350. #SUI创新高 #多军的反击 #Meme浪潮持续，你看好哪一个？ #9月美国CPI实现6连降 #Uniswap推出Unichain