Morning thinking knife position! ! Successfully BTC took more than 300 points! ! !

BTC Technical Analysis and Forecast Today
Analyzing from the current K-line chart (4-hour chart), the current price of BTC is around 62,585.6, showing an overall volatile trend. It fell back after reaching a high of 66,450 in the early stage and rebounded to a low of 52,510.8.

(1-hour chart) The price has gradually recovered from the bottom area in mid-September and is currently consolidating in the 62,000-63,000 range. Combining the current market's technical indicators and price patterns, the following is a detailed analysis of today's BTC trend.

1. Technical Analysis
1. Trend analysis
BTC entered a correction phase after peaking in late August, and then began to rebound after receiving support at 52,510.8 in early September. It has been hovering in the 62,000-63,000 area recently, forming a short-term consolidation trend. After testing the pressure level near 64,000, the price failed to break through and fell back to the current range, showing a stalemate between long and short positions in the market.