BTC Analysis on September 22nd Morning:

The current market shows a descending staircase pattern with both highs and lows moving downwards. Yesterday, the daily line closed with a bearish candle, retracing part of the previous gains, and the moving averages are in a bearish arrangement. The original support level has turned into a strong resistance.

From a four-hour perspective, after the end of a five consecutive bearish candles, two small bullish candles have appeared with reduced volume, and the expected continuation is limited. It is important to clarify that the current market situation is a correction rather than a reversal, and one should avoid blindly chasing long positions.

On the hourly level, the wave structure has broken lower, and the rebound strength is continuously weakening. In terms of operations, it is recommended to follow the trend, and continue to look for short opportunities in the market.

Big Brother's operational suggestion: Consider laying out short positions around 114300. #币圈 $BTC