BTC pressure level is 60500-61300. The current market is 65700. Combining the daily line indicator, 4-hour indicator, and hourly line indicator, this market is to lure more. Don't chase more. High altitude is the best. Pressure becomes support, 58200 becomes support. This should be the pivot of the next decline. When it reaches 58200, you must look at the position of the 4-hour and daily line indicators to decide whether to continue to look down to 55600-57000. As for whether it will crash and go to 53000, I prefer the current lowest point at 54800. The current market indicators and K-line patterns cannot be seen. We still take steady steps, 58200-(55600-57000)-54700.
From the 4-hour and 1-hour market tonight, we can see that the indicator analysis that is falling in the volatile market has been pulled up by capital. If you can't see it, chasing more will be unlucky. In fact, this is also the virtue of the 4-hour hourly line indicator rising and reversing and falling in the middle of the non-agricultural release on September 6. In fact, it is also highly likely that the market will not fall. Capital has the behavior of pulling up and inducing more. However, as investors, this wave of rising probability is not something we should participate in. We cannot bet on the direction of capital, but as long as it starts, the indicators and trends are clear, and we can operate well next.
Okay, let's talk about the Fed's interest rate decision. There are still 5 days. It is almost impossible to break through 60500-61300 and then retreat. From 52500 on September 7 to 59700 on September 14, it has risen by 7200 points in 7 days. 59700 is only 800 points away from 60500 and only 1600 points away from 61300. The market must be adjusted. There are still 5 days, and the most important position is around 55600-57000.
Remember, don't chase more in spot, high altitude.
Spot is pegged at 55600-57000, and 58200 will eventually fall.
It's a bit messy, I just said it casually with my phone, without any preparation, just watch it. đ
