9/12 afternoon BTC latest market update tracking:
It still feels like weakness—heavy volume selling leading to a down move, followed by a smaller-volume rebound.
We can be sure that there will be a rebound.
But there’s one problem right now: after the rebound, will BTC keep falling, or will it rebound and break through the resistance to continue rising?
The only thing that needs to be observed is whether 790 can break through and hold.
If 790 breaks through and holds, then it should remain a scenario of continued upward movement toward 830–860—no problem.
Otherwise, if it only rebounds into the 780–790 resistance zone and then falls, then damn it—don’t even talk about whether 760 can hold. Even the 755 mentioned last night would likely be broken. Then it will drop, heading toward 730–756.
Everyone, please stay tuned. If there are any changes, I will keep tracking them. $BTC
It still feels like weakness—heavy volume selling leading to a down move, followed by a smaller-volume rebound.
We can be sure that there will be a rebound.
But there’s one problem right now: after the rebound, will BTC keep falling, or will it rebound and break through the resistance to continue rising?
The only thing that needs to be observed is whether 790 can break through and hold.
If 790 breaks through and holds, then it should remain a scenario of continued upward movement toward 830–860—no problem.
Otherwise, if it only rebounds into the 780–790 resistance zone and then falls, then damn it—don’t even talk about whether 760 can hold. Even the 755 mentioned last night would likely be broken. Then it will drop, heading toward 730–756.
Everyone, please stay tuned. If there are any changes, I will keep tracking them. $BTC
