9.8 Monday morning latest idea, Rebound has no continuation, initially short during the day.



After the market experienced weekend fluctuations and adjustments, there is a repair demand for short-term indicators. On the daily level, the Bollinger Bands are narrowing downwards, with strong resistance at the middle track. If the market cannot effectively break and stabilize above this level, it remains bearish. On the 4-hour level, the downward trend is accompanied by rebounds. Although there have been consecutive bullish movements in the short term, the rebound strength is limited, and the overall pattern is still dominated by bearishness.

Morning suggestion, Bitcoin is expected to see short-term resistance at 111500 and 112000, with the target focusing on the 109000 area. #PI#
BTC-0.15%
ETH0.2%
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