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September 22 BTC/SOL/ETH market analysis: returning to a narrow range, this is how it will be at the end of the month.
It's another familiar Monday crash, and it seems that the doge whale is not picky about Mondays for dumping? Currently, Bitcoin shows signs of a bottoming out on the hourly chart, but we still need to be wary of potential spikes. With the failure of consecutive daily candles for Bitcoin, the overall market has also entered a narrow range, and with the end of the month approaching, the upcoming market may be just like this, without any particularly big opportunities.
If the BTC big pie spikes today, we can look for short positions at 113400 and 112580 to see if there's a chance to catch the spike. The short-term resistance above is at 115400 and 116400, which are possible retracement levels.
$SOL If it goes down further here, it will reach the position of 228. If the short-term resistance at 237 holds, we can take a look at the resistance levels of 240 and 243.
$ETH Ethereum is a worthless thing, the support level below is 4148, the resistance level above is 4400, and if it goes up further, 4493 and 4595 are all potential pullback positions.
In summary, at the end of the month, the market is likely to return to a narrow range, which may mean that opportunities are not very significant. The overall volatility is limited, and a big market movement is expected to wait until early October. (Follow the supervisor for daily updates on market analysis and precise entry points. Long and short positions are for B friends' reference only, with strict stop-loss and take-profit measures. #BTC#