#Gate9月透明报告出炉 #十月降息预测 #加密市场回调


Bitcoin continued its weak oscillation pattern yesterday during the day session, repeatedly fluctuating within a narrow range of $106,500 to $107,200, with relatively low market trading sentiment. This sideways consolidation was broken in the afternoon, as the price quickly fell to test the support level around $106,000, which showed strong buying power, marking an important starting point for this upward movement. After receiving support at $106,000, Bitcoin began a strong rebound, and after a two-phase advance, the price peaked at $109,397, with a single-day increase of nearly $3,000, demonstrating strong bullish momentum. However, after reaching the high, the market saw profit-taking, leading to a slight pullback and consolidation phase. For today's market trend, it is crucial to pay attention to the quality of the consolidation in the morning and during the day session. From a technical perspective, the current market is still within an upward channel. If the lower support of the channel can be maintained, there is still room for further upward movement. The key support range is from $107,200 to $107,500; this range is not only the core area of yesterday's day session oscillation but also an important intermediate support level in this upward process. If this support point can be successfully maintained, Bitcoin is expected to launch another assault, with the possibility of reaching $112,000; conversely, if this range is broken, it may further test the $106,000 level or even lower for support.
DOGE1.28%
SOL-0.93%
GT-3.15%
BTC-2.68%
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BullAndBearBattlevip
· 10-20 00:03
Hold on tight, we are taking off To da moon 🛫
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