BTC briefly retraced after breaking through 1180 at midnight, currently oscillating around 1180.
The four-hour MACD golden cross continues, and the RSI has reached 89, entering the overbought zone; the one-hour MACD shows signs of a death cross, which may trigger a brief pullback for correction.
A pullback or a re-entry opportunity, retreating to 116500 or more, target 119000.
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BTC market analysis on October 2.
BTC briefly retraced after breaking through 1180 at midnight, currently oscillating around 1180.
The four-hour MACD golden cross continues, and the RSI has reached 89, entering the overbought zone; the one-hour MACD shows signs of a death cross, which may trigger a brief pullback for correction.
A pullback or a re-entry opportunity, retreating to 116500 or more, target 119000.