Morning thoughts on 9.16

After the four-hour level market touches the upward pressure level, it shows a two consecutive bearish candles retreating trend. However, both bearish candles have relatively long lower shadows—this reflects the strong support of the lower Bollinger Band and indicates that although the bears have attempted to break down, they have not been able to conquer the key range.

Combining volume and pattern analysis, after this round of correction ends, the bulls are highly likely to initiate a rebound to recover the previous decline.

Operation Suggestions:
Bitcoin: Near 114800-114300, targeting around 116500;
Auntie: Around 4460-4490, aiming for around 4600. #区块链