🔥 The most important part of this is to hold 66k and then continue to hit 68k and then meet a big resistance of 70k + what is the trend at that time to confirm the uptrend.
In the short term, I think the best scenario is to hesitate at the beginning of 6x or test back to 5x to refuel for October.
There is no important macro news in October such as inflation index or FED interest rate announcement, so MM can manipulate the market at will. Currently, the market is following stocks.
The monthly candle reset period is easy for the market to adjust in the short term to sweep up the recent liquidity periods. Anyone who is holding trade orders should consider limiting the resistance when resetting the monthly candle.
BTC follows the higher-high model, but don't ignore the case where BTC drops the beard in the 5x zone and then bounces strongly.
Just checked the calendar for the Fed chairman's speech on October 1, so this period is highly volatile!
