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📖 Day 1 · Quiz (Single Choic
The price movement of Bitcoin on September 2 seemed to follow a script, accurately aligning with my earlier prediction published in the morning. As a seasoned professional with 13 years of experience in the Crypto Assets field and 6 years in analysis, I feel a deep sense of satisfaction. From initially following my predecessors to observe the market overnight and recording Candlestick patterns, to now being able to independently predict trends, each time I see my high-probability predictions come true, I feel immensely proud.
In the crypto assets market, hindsight is abundant, but being able to accurately grasp the direction in advance is not merely a matter of luck; it stems from years of accumulated market insight and technical analysis skills.
Looking back at the previous analysis, I particularly emphasized that the Bitcoin price had reached a key support level and would start to rebound, expected to reach near the middle track of the daily Bollinger Bands. Now, everyone can check the market data and find that the price indeed touched the middle track and started to adjust as expected.
The ability to accurately predict market movements is for experienced traders like knowing the ending of a movie in advance. Nevertheless, watching the market develop as expected still provides a sense of stability and reliability.
Let's further analyze the market structure this time. The rebound starting from 107255 presents a typical ABC wave pattern, where wave A has formed a 'leading wedge'. For those familiar with technical analysis, the leading wedge is often seen as a precursor to a trend change. When this pattern completes and meets an important resistance level like the middle band of the daily Bollinger Bands, a pullback is almost inevitable.
This is not mere speculation, but a professional analysis based on technical patterns and market laws. Through long-term market observation and technical accumulation, we can better understand and predict the price movement of the Crypto Assets market.