September 26 BTC market analysis:
The market has maintained high volatility in the past two days, which is in line with our expectations. At present, the upper lock has not been released and the pressure still exists. Yesterday, it hit the high point again, but still failed to break through the upper pressure level, and then fell back. From a technical point of view, the current daily level is also in the upper trend line position of the descending channel. Be careful of the market falling.
Today, focus on the support near the lower 62620 US dollars. If it falls below this support level, the market outlook is bearish. If it can hold this support level, then after the shock repair is completed, there is hope to continue to attack.
BTC upper pressure level: around 65500 US dollars (break through the 65500 US dollar pressure level, look up to the 68300 US dollar pressure level)
BTC lower support level: around 62619 US dollars (break through this support level, it will drop to the 60147 US dollar support level)
