#打榜优质内容# Bitcoin September 7 [Market Analysis]



Candlestick pattern: Recently, the price has been oscillating at a high level, with a long upper shadow appearing on September 5th (113344.3 being the highest point), indicating heavy selling pressure above. In the past two days (September 6th and 7th), small-bodied candlesticks have formed, with reduced volatility, and market sentiment is becoming cautious.
Technical Indicators:
MACD: In the 4-hour cycle, the DIF and DEA are gradually declining, and the histogram has turned from positive to negative, indicating a weakening of bullish strength and a beginning of dominance by bears.
RSI: The current value is around 47, in a neutral to weak area, not entering the oversold zone, but the rebound strength is insufficient.
EMA: The short-term moving average EMA7 (110424.4) has formed a death cross with EMA30 (110632.7), and the price continues to operate below EMA120 (111909.1), indicating an overall bearish trend.

Trading Volume: After the trading volume expanded to 88697 on September 5, it has significantly shrunk in the following days, indicating a strong wait-and-see sentiment among investors. The current trading volume is sluggish, making it difficult to push the price to break through key resistance or support.
It is recommended to focus on the main trading range of 108,300-112,300, and to strictly implement stop-loss and take-profit disciplines. Please note: the market is ever-changing, so in actual trading, please adjust flexibly in conjunction with real-time market conditions, and always prioritize risk control.
BTC1.25%
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XiaoxiaoOnlyLooksAtTvip
· 09-08 13:34
Hold on tight, we're about to To da moon 🛫
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Ybaservip
· 09-07 07:36
thank you for the detailed information and sharing 💜
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Szerovip
· 09-07 06:36
Quick, enter a position!🚗
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EternalWildernessvip
· 09-07 04:55
Quick, enter a position!🚗
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Sakura_3434vip
· 09-07 04:32
Quick, enter a position! 🚗
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ShiFangXiCai7268vip
· 09-07 04:06
Just go for it💪
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APersonIsAGuestAtvip
· 09-07 02:10
Quick, enter a position! 🚗
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Aerobicvip
· 09-07 02:06
Quick, enter a position! 🚗
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Ryakpandavip
· 09-07 01:41
Just go for it💪
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EarnMoneyAndEatMeatvip
· 09-07 01:39
😉😜😆😉😜😆😉😜😄😜😄😜😄😜😆😉😜😆😉😜😆😉🤤😆🙂🤤😆🙂🤤😆😉🤤😉🤤😆😉🤤
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