The sentiment for Bitcoin is soaring. As the ratio of Bitcoin drops to 0.8, the sentiment towards Bitcoin seems to be warming up, indicating that people's optimism is increasing and their confidence in Bitcoin's price is steadily rising. This shift occurs against the backdrop of an improving market environment and rising interest, with people predicting that Bitcoin will further soar. However, market volatility remains high, and we should closely monitor the macro factors affecting the market. The current ratios indicate that more people are leaning towards bullishness rather than hedging, reflecting an optimistic short-term outlook for Bitcoin. Operation Suggestions:
The range for Bitcoin is 11100-111600, with a target looking at around 112600-113600.
Auntie is in the range of 4100-4160, aiming to look up near 4190-4290!
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Market Analysis on September 24 Afternoon
The sentiment for Bitcoin is soaring.
As the ratio of Bitcoin drops to 0.8, the sentiment towards Bitcoin seems to be warming up, indicating that people's optimism is increasing and their confidence in Bitcoin's price is steadily rising. This shift occurs against the backdrop of an improving market environment and rising interest, with people predicting that Bitcoin will further soar.
However, market volatility remains high, and we should closely monitor the macro factors affecting the market. The current ratios indicate that more people are leaning towards bullishness rather than hedging, reflecting an optimistic short-term outlook for Bitcoin.
Operation Suggestions:
The range for Bitcoin is 11100-111600, with a target looking at around 112600-113600.
Auntie is in the range of 4100-4160, aiming to look up near 4190-4290!