Today is September 29th, BTC price is 112,125. Sorry for the late update today! Last week, we mentioned that BTC might hit the second tier at 107,000. If it reaches this level, a rebound is inevitable. As for whether it will break this low point, I don’t think it will. That was the original analysis. In reality, it hovered around the 108,000 low for 3 days, and the rebound started early this morning. So, can it go straight up from here? The answer is also no. In Chart 2, I’ve provided new support and resistance levels at 110,730~113,200. Over the next 2 days, the price will fluctuate within this range, and trades can be made around these two levels for both long and short positions. The Q4 season is about to begin! Historically, Q4 has always been a strong period for BTC. I’ll analyze in detail tomorrow what macro factors might come into play. I’m optimistic about Q4. See you tomorrow!