Analysis on September 19th early morning


Suggestion
Bitcoin: 117800-118500, looking down to 116700-116000
Second Pie: 4640-4700, targeting 4560-4500.

Looking back at the evening of September 18 in Hangqing, Bitcoin mainly fluctuated within a narrow range of 116900-117800, with small amplitude within the range. In the short term, the rhythm of the game between both sides is calm, and no obvious directional breakthrough has occurred.

From the hourly BOLL perspective, all bands are maintaining a parallel running state. This pattern indicates that the operating space of Bitcoin is temporarily suppressed in the short term, and no clear trend direction has formed yet. At the same time, a phase resistance has already emerged near the 117800 position above. If this resistance level cannot be effectively broken in the short term, it is highly likely that the market will continue to maintain a range-bound oscillation pattern.
BTC-0.1%
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