On this day in history, early on 2026.9.4, the first truly historic violent plunge unfolded


The market wiped out $557 million that night, leaving 98,644 people bankrupt and wiped out; the number of people fell slightly while the amount doubled. As mentioned yesterday, chips are gradually concentrating, and the reshuffling has reached its final stage; the more frequent and larger the volatility, the more favorable it is for the continuation of the subsequent trend;
BTC support/resistance levels: 87550/85165/75475/78425/71500
Yesterday, there was no chance to retest the 76600 area; the market directly surged $5,000 in the evening and is now consolidating around 80800, roughly unchanged from the price before bed last night. Judging by the liquidation amount, quite a few people were liquidated; some friends were holding core positions from around 76700 the day before yesterday;
Yesterday, the 78425-80000 range was explained in great detail, stating that no orders should be placed there. Without a signal of a high-volume drop, one should not short, so anyone who shorted directly is now trapped;
ETH support/resistance levels: 2750/2400/2225/2100
Following BTC's trend;
After XAU's continuous rebound and touch of 4515, the 1h/2h charts have once again reclaimed MA250. Whether tonight's NFP data will drive another surge or lead to a breakdown and retest, we can simply wait for the market to provide the result; I will absolutely not trade XAU intraday today;
SNDK remains stable, continuing to move up and down within a small range; small opportunities can be traded;
Trading advice does not constitute any basis for investment: stop fantasizing about buying at the absolute bottom and selling at the absolute top; being able to capture the middle of a trend is already unbeatable; tonight's NFP is expected to affect the market with at most one jolt, and should not be able to change the daily candlestick trend!
#BTC收复8万美元
BTC3.67%
ETH3.95%
XAU1.28%
SNDK0.13%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
308 views
  • Reward
  • 4
  • 1
  • Share
Comment
Add a comment
Add a comment
njs_btc
· an hour ago
This is absolutely accurate trading data.
View OriginalReply0
ThisIsTranslateContent:
· 2 hours ago
Enter to buy the dip 😎
View OriginalReply0
ThisIsTranslateContent:
· 2 hours ago
Get on board quickly! 🚗
View OriginalReply0
ThisIsTranslateContent:
· 2 hours ago
Full send 👊
View OriginalReply0
  • Pinned