Tuesday, September 22
Bitcoin had a strong rise overnight, rebounding to around the 87400 mark, and then experiencing a certain level of pullback. This round of increase is completely within our expectations. All profits have been realized.

Returning to the intra-day Asian session, on a larger scale, the weekly K-line has formed a double top pattern. If it cannot continue to break through and stabilize above, there will be a certain degree of pressure. In the short term, I believe there will be some pullback. I also mentioned in the early morning that this wave of pullback is an opportunity for the bears to escape the bottom. Those who can come out with their capital intact should do so quickly.

On the hourly level, the price is currently oscillating around the middle band; if it breaks down, the bears are likely to pull back to around 835. During the intra-day Asian and European sessions, shorts can be gradually placed around the upper area of 85900-86300, targeting near 83800.

Follow my Feishu account for answers to worries, only with Jiang Wei. A treasure analysis blogger who maximizes emotional value, sharing trading education for free, bringing stability and clear guidance in the tumultuous trading market, traversing through three rounds of bull and bear markets and years of practical trading experience, specializing in naked K, trends, Dow Theory, Gann, harmonics, Chan Theory, wave theory and other technical analysis, gathering unique insights.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。