Market analysis on the afternoon of September 18

The lows continue to decline, and the downward momentum is strong. The short-term downward trend is likely to persist, with a high possibility of breaking below previous lows. In the 1-hour timeframe, the brief upward movement lacks strength and is difficult to sustain, belonging to a corrective market. The large rise and fall of Dazong shows a long upper shadow, indicating strong resistance, making it hard for the rebound to be maintained; the upward signal from MACD appears false and lacks strength, with the market still dominated by Kong.

Operation Suggestions:

The Bitcoin range is between 118100 and 117600, targeting a drop to around 117000-116000.

The range of concubines is 4660-4620, with a target looking down towards the vicinity of 4580-4500 #美联储降息25个基点 .