BTC is currently in a Rebound phase and not a reversal trend. It has broken through the 4-hour descending trend line, with long positions gradually increasing and short positions significantly weakening, making a short-term rebound likely to continue. From the weekly perspective, BTC is still in a downtrend, and this rebound may target the weekly retracement level around 111400.
The BTC trend has currently strongly broken through the 112,000 mark. Considering the current market situation, it is recommended to continue following the main trend and enter long positions in the short term; in terms of intraday layout, BTC and ETH have synchronized gains in the evening, and today is mainly focused on adjustment, with opportunities to re-enter the market in the short term later in the evening. It is recommended to go long positions near 110800—111500 for BTC, targeting 113500, and if it breaks above, look at #Gate上线Ondo专区现货交易##九月份加密市场能否突破##今日你看涨还是看跌？# .
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BTC is currently in a Rebound phase and not a reversal trend. It has broken through the 4-hour descending trend line, with long positions gradually increasing and short positions significantly weakening, making a short-term rebound likely to continue. From the weekly perspective, BTC is still in a downtrend, and this rebound may target the weekly retracement level around 111400.
The BTC trend has currently strongly broken through the 112,000 mark. Considering the current market situation, it is recommended to continue following the main trend and enter long positions in the short term; in terms of intraday layout, BTC and ETH have synchronized gains in the evening, and today is mainly focused on adjustment, with opportunities to re-enter the market in the short term later in the evening.
It is recommended to go long positions near 110800—111500 for BTC, targeting 113500, and if it breaks above, look at #Gate上线Ondo专区现货交易# #九月份加密市场能否突破# #今日你看涨还是看跌？# .