Let's talk about the trend of the market today.
Bitcoin has now confirmed the reversal of the situation, because when it fell to a lower low (Lower Low) before, it has now risen to a higher high (Higher High), which is a signal of initial strength. If there is a pullback, you can continue to buy more, especially pay attention to the support near 95,000. This bullish trend is expected to continue to the 100,000 mark.
At present, Bitcoin has rebounded first compared with ETH and SOL, and has reached the resistance near Fibonacci 0.618 (97600), while ETH and Sol have relatively more room.
Looking back, it took BTC one day to return from 89,000 to 98,000. How many people followed me to buy the bottom bravely? Even if you didn't buy the bottom, at least don't sell at a low price.
But to be honest, the K-line has been useless recently. Now the rise and fall depends on various US data. Tonight's CPI is the key to determine the rise and fall.
At present, it is tentatively set at 95,000 support to buy more, and 100,000 resistance to sell one hand. But I think I will definitely change my strategy according to the CPI results when the data comes out.
Then let's focus on the CPI on September 30 tonight, hoping that it will be as good as yesterday's PPI. I will publish the results in real time, so don't forget to follow me~