September 28th Bitcoin Evening Thoughts
From a technical perspective, Bitcoin (Big Cake) presents a "Evening Star" pattern, resonating with the bearish moving averages, indicating a strong bearish signal. The 2-hour candlestick chart shows a step-like downward trend, and although the MACD bearish momentum has temporarily stalled, the overall trend remains unchanged, with the EMA across all periods leaning towards bearish, clearly dominated by bearish characteristics.
Evening Bitcoin operation suggestions, rebound around 109800-110600, target looking towards 108500-107800 near $BTC
