#数字货币领域调整 Bitcoin market analysis on the morning of September 28

Yesterday, Bitcoin showed a clear trend of fluctuation, with the trading range gradually narrowing. The price started to slowly decline from the 110250 level, reached the critical support level of 109000, and then experienced a technical rebound, currently hovering around 109500 for trading.
Technical analysis shows that, from the 1-hour candlestick chart, the price of Bitcoin is returning to the middle band after touching the upper band of the Bollinger Bands; at the same time, the KDJ three-line indicator has begun to turn down, indicating that the bullish momentum is weakening. Considering various technical indicators, the market may continue to be under pressure in the short term, and it is recommended that traders focus on seeking short opportunities in morning operations.
Specific strategy recommendations:
Bitcoin may consider looking for short opportunities in the range of 109800 to 110300, with a target focus on the range of 108300 to 109000 below.
On the Ethereum side, you can pay attention to short opportunities in the 4030 to 4070 range, with target positions in the 3930 to 3970 range.
$BTC $ETH $XRP