September 26, Thursday, morning thoughts!
From the perspective of short-term rhythm, the running channel opens downward to release space, the price has stopped falling, and signs of recovery have appeared. The short-term volume is shrinking, and the moving average is released downward and then turns upward. The current recovery has begun.
In the four-hour level line, the price did not go up and then went down. It is currently testing the low support. The running channel is shrinking again. The long and short volume conversion is frequent, and the oscillation is shrinking again. The small cycle maintains the same state. The short-term oscillation is down and recovered, and the downward trend cannot be continued. In the next thinking, we mainly go low and long.
Personal operation suggestion for Bitcoin: long around 63000-62800, and the target is 63500-64000. Continue to look up after breaking!
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