On the evening of September 6, the US economic data was released, and the price of BTC rose briefly before falling rapidly to $52,500. After a two-day rebound over the weekend, the price of BTC still could not break through $55,000.
Normally, the weekend is a time when liquidity is low. If a large amount of funds are invested in bargain hunting, the price will rise strongly. However, this did not happen in reality, which means that the consolidation in September will continue and the bottom may be even lower.
Contract players are currently cautious about going long, and there is limited room for shorting. It is best to wait and see with empty positions and wait for the trend to form.
Spot players can start buying a small portion of mainstream coins for holding. According to the BTC rainbow chart 🌈 and the Ahr999 indicator, BTC has reached a very cheap position. The return rate of spot buying and patient holding is still quite considerable.
As for $WLD short orders, I will continue to hold them and will not stop shorting until the price reaches the position predicted in my previous article. #BTC走势分析