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September 24th Xiaoyue Evening Market Analysis and Strategy
From the 4-hour chart of Bitcoin, the price shows a gradual upward trend, and the Bollinger Bands are opening upwards overall, indicating that the current trend is bullish. If the momentum continues, it is expected that the market will likely approach the upper band further.
The 4-hour level of the second pancake is currently still in a range consolidation pattern, but there are already signs of stabilization and recovery. The Bollinger Bands are simultaneously showing an upward expansion posture, and the price has gradually approached the middle track position. If it can effectively break through in the short term, it may run towards the upper range and initiate a new round of consolidation.
BTC: Consider positioning in the range of 112990-113330 for a long, targeting around 114700-115000.
Two cakes: If there is a pullback and stabilization in the 4100-4250 area, you can try to lightly position for a long, with the target looking towards the 4300-4400 range.