9.26 Bitcoin Market Analysis

Bitcoin continued to show strong bearish sentiment in the early morning, with a minimum drop reaching the 108500 level. The range pattern that had been oscillating for several days was strongly broken, and there is inertia to continue breaking lower. In the short term, attention should be paid to changes in resistance within the range, and operations should follow the trend!

From the current trend, the four-hour level has consistently seen downward pressure on prices, and the short-term moving averages are gradually forming a bearish divergence pattern. The signs of weakening in the trend are obvious, and after the drop, there has not been much rebound action. The current trend is relatively weak. In the short term, focus on the continuation of the decline and the strength of the rebound to determine the layout of bearish expectations for the future!

BTC Recommendation: 109600-109900🈳 Target 108000#加密市场回调 #币安HODLer空投XPL #BNB创新高 #狗狗币ETF进展 #山寨币战略储备 $BTC $ETH $XRP