September 22 Evening BTC Market Analysis and Trading Suggestions

Today, over 250,000 long positions were liquidated across the network, and the market's selling pressure has been partially released. A preliminary window for new long funds to enter the market has opened.

From the technical perspective of the 1-hour cycle, BTC has returned to running within the Bollinger Bands channel, rebounding from the lower edge towards the mid-band area; at the same time, the KDJ indicator has formed a golden cross and continues to diverge upwards, while the bearish momentum indicated by the MACD is gradually weakening. Overall, the logic for the evening market is quite clear: "buying on dips."

Trading Suggestions

- You can go long around 112000 with a target towards 113000-114000#BTC $BTC