September 23rd Afternoon BTC Analysis

From the current market perspective, the big coin's hourly chart is showing a bullish signal—four consecutive bullish candles strongly continuing, with the lows steadily rising, and even breaking through the previous wave's high. The short-term bullish momentum is fully charged!

However, it is important to remain rational at the daily level: although yesterday's long lower shadow bullish candle rebounded and recovered, it has not escaped the framework of the downtrend. The 114000 bearish pressure zone is an inevitable hurdle, and until it stabilizes, there’s no need to be overly ambitious with long positions.

In the short term, one can follow the hourly rhythm and take light long positions, but once the upper pressure level is reached, it is essential to closely monitor changes in volume to avoid standing guard at high positions!

Big coin suggestion: 113000 light long, target 114000, target position facing obstacles layout short position.