Analysis of Ideas on the Morning of September 11



Evening market review: Bitcoin started to rise from around 112,000, reaching a high of about 114,300, before experiencing a pullback.

From the hourly Bollinger Bands, it can be seen that the upper, middle, and lower bands are all moving upwards simultaneously. The short-term bullish momentum continues to strengthen, driving the upper band to rise significantly, with the Bollinger Bands opening wider, confirming the strength and momentum support of the current upward trend. Although the price subsequently fell back into the channel, it still belongs to a technical adjustment after the normal release of bullish momentum.

It is recommended to short Bitcoin around 114000-114500 on the rebound, with a target down to 112800-112300. If it breaks down, continue to look lower.
(The radicals can short near the limit price of 113650) #GUSDๅŒ้‡ๆ”ถ็›Š#
XRP1.46%
GT0.97%
BTC2.26%
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AZhouWanyingvip
ยท 6h ago
Steadfast HODL๐Ÿ’Ž
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