9.17 BTC analysis
BTC on the 1-hour cycle has moved out of the low zone to stage a corrective rebound. After price retraced to test the lower Bollinger Band, it is probing upward toward the middle-band resistance. This is a secondary rebound within a downtrend, not a trend reversal. With the Fed’s interest rate decision landing and the data matching market expectations, there was no additional hawkish surprise; the downside catalysts were largely priced in early, giving the market a brief respite. However, the overall larger structure remains weak. The upper Bollinger Band at 76257 is strong near-term resistance; if the rebound reaches that zone, selling pressure is likely to be concentrated and released. In addition, potential downside expectations from the bill are still unresolved, so risk assets’ sentiment has not fully turned positive. The trading plan remains to sell on the rebound and wait for signs of failure/stalling under resistance before setting up positions; strictly control position sizing and stop-loss levels, and be alert that once the rebound ends, price may probe down again to refresh the lows.
Trading suggestion: 76700-77200, target 74700-75200.
$BTC $TSMB #美联储加息是否已成定局
BTC on the 1-hour cycle has moved out of the low zone to stage a corrective rebound. After price retraced to test the lower Bollinger Band, it is probing upward toward the middle-band resistance. This is a secondary rebound within a downtrend, not a trend reversal. With the Fed’s interest rate decision landing and the data matching market expectations, there was no additional hawkish surprise; the downside catalysts were largely priced in early, giving the market a brief respite. However, the overall larger structure remains weak. The upper Bollinger Band at 76257 is strong near-term resistance; if the rebound reaches that zone, selling pressure is likely to be concentrated and released. In addition, potential downside expectations from the bill are still unresolved, so risk assets’ sentiment has not fully turned positive. The trading plan remains to sell on the rebound and wait for signs of failure/stalling under resistance before setting up positions; strictly control position sizing and stop-loss levels, and be alert that once the rebound ends, price may probe down again to refresh the lows.
Trading suggestion: 76700-77200, target 74700-75200.
$BTC $TSMB #美联储加息是否已成定局
