9.15 Bitcoin is very strong, is there still a chance to go long? Is the 6w Fengshui Ridge a rebound or a reversal?

High-energy attention ahead: BTC has hit the Linjie position again. I can only say that the main force is too bad! But the familiar position and familiar routine, don't try to hide it from me. Do I need to say that the 6w position must be the most fiercely contested place for long and short positions, that is, a battleground for military strategists, so once it breaks through again, won't it take off violently?

I am also convinced, what is the main force waiting for? Why doesn't BTC pull up the market? There have been no major events in the past few days. Except for the Fed's interest rate cut next week, from the technical analysis, I think the probability of BTC continuing to rebound is high. It is expected that Bitcoin will rebound and hit the line above 6W, not a reversal. Remember those irons who see Bitcoin at 4w and 3w have missed the opportunity again. You deserve it for talking nonsense and misleading people.

The market trend at the weekend was basically in line with our expectations. The long and short interweaving showed a shock repair trend. The key resistance above was locked around 60,600, and the low point below was 59,500 for solid support. From the hourly chart, the overnight price touched the 59,300 area, which once again verified the support strength of the lower track. Although the current market trend shows signs of positive, the Bollinger Bands tend to close flat, indicating that there will be short-term pressure when attacking the upper track. Given the slow market rhythm over the weekend, breaking through this pressure level may require accumulation of power through a correction. Therefore, give priority to the correction opportunity. If the recent market operation is not ideal, consult btc0796 and find me to discuss the market together.

Bitcoin falls back to around 59500, buy on dips, loss 600 points, target 61000-61500

Ether falls back to 2370-2400 area, buy on dips, loss 40 points, target 2500-2550

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