9.7$BTC Market Analysis and Strategy
Due to the impact of Labor Day, the market will most likely move sideways throughout the day; sell high and buy low during the day.
The Bollinger Bands on the larger timeframes are generally trending upward. The weekend sideways movement is continuing, and the trend has not reversed. The price is steadily staying near the middle band. Short positions have a greater advantage, but the long-term bullish trend remains unchanged. Reduce trading during sideways conditions to avoid stop-loss sweeps and being trapped.
Trading range: Trade within the range
Entry range: Around 79100-79500
Stop-loss defense: Around 78800
First target: 80300
Second target: 80900
Long-term target: Above 82000
#Gate闲钱宝自动生息享3%年化
Due to the impact of Labor Day, the market will most likely move sideways throughout the day; sell high and buy low during the day.
The Bollinger Bands on the larger timeframes are generally trending upward. The weekend sideways movement is continuing, and the trend has not reversed. The price is steadily staying near the middle band. Short positions have a greater advantage, but the long-term bullish trend remains unchanged. Reduce trading during sideways conditions to avoid stop-loss sweeps and being trapped.
Trading range: Trade within the range
Entry range: Around 79100-79500
Stop-loss defense: Around 78800
First target: 80300
Second target: 80900
Long-term target: Above 82000
#Gate闲钱宝自动生息享3%年化

















