9.18 big pancake analysis
The Federal Reserve rate-hike meeting did not cause the market price to pull back, because everyone had already consumed the market in advance. As long as the new low is not broken, there must be a rebound—just watch!
After four-hour consolidation followed by a drop, and after yesterday’s false break below 75, the move failed to continue. Over the past two days, as the price repaired, it began to gradually rebound, indicating that there is still quite strong upward pressure above. In the short term, resistance is at the 776 level. If, within the day, price can effectively break above it, then the next stage is around 79. For now, just proceed step by step while observing.
It’s recommended to look for a bullish move on a pullback around 765–761, with the target at around 776 breaking through toward 788. That’s all you need. #BTC☀ $BTC
The Federal Reserve rate-hike meeting did not cause the market price to pull back, because everyone had already consumed the market in advance. As long as the new low is not broken, there must be a rebound—just watch!
After four-hour consolidation followed by a drop, and after yesterday’s false break below 75, the move failed to continue. Over the past two days, as the price repaired, it began to gradually rebound, indicating that there is still quite strong upward pressure above. In the short term, resistance is at the 776 level. If, within the day, price can effectively break above it, then the next stage is around 79. For now, just proceed step by step while observing.
It’s recommended to look for a bullish move on a pullback around 765–761, with the target at around 776 breaking through toward 788. That’s all you need. #BTC☀ $BTC
