#BTC☀ If the key resistance level of 63,000-63,500 cannot be broken through and stabilized tonight, the price may have to go through a daily Bollinger band oscillation range until the interest rate cut on September 18.

Market analysis: This week's key point is coming. Will BTC have a chance to break through tonight? If the breakthrough fails, it will still fluctuate within the range. The difference is between full track and half track!

Powell is about to give a speech at 22:00 tonight, and the market is paying close attention. Although I personally expect that the effect of the speech may not bring too much bullish sentiment, due to the game in the external derivatives market, we still need to pay attention to the key points.

Key points:

In the 63,000-63,500 range, the technical resistance in this range has multiple dimensions, including the daily upper line, MA200, MA120, weekly midline and other multiple resistances. It is considered to be a relatively strong resistance point.