Zhang Lihui, Eastern Eight Zone, 6:20 am, September 17, 2026. Editor: Today's Bitcoin (BTC) Market Analysis and Trading Suggestions:
Lihui mentioned on the 14th and 15th that the price of Bitcoin would only briefly surge before dropping again. I hope followers did not chase the highs after the reminders. The article repeatedly noted that after retesting and breaking the 76,000 low, it would reach around 75,000. The early morning news has been confirmed: the rate hike is now a fact, so the bearish momentum will likely continue! The current price is within the lower range of the 4-hour chart, and the candlesticks have repeatedly tested the EMA220 and MA220 lines from above. The lower band of the Bollinger Bands continues to extend downward, and the MACD shows selling volume below the zero line, with the death cross pattern holding. KDJ and RSI are struggling to move upward and have begun to turn down. The price is expected to break downward through the lower band and the MA220/EMA220 lines. After a breakout, our short position can be held down to about the EMA300 level.
The weekly bearish target can be set around the intersection of MA180 and MA30, which is near 70,500. For those not yet in a position, the same approach of selling on rebounds remains preferred. Consider entering short at the 1-hour EMA60 and the 4-hour mid-range resistance for short-term trades!
Today's Bitcoin long position: try entering long below 73,300, with a stop loss below 72,900. Targets: 74,500–75,500–76,500. If it breaks above 77,000, you may continue to hold!
Today's Bitcoin short position: try light shorts above 76,500, with a stop loss above 77,400. Targets: 74,500–73,300. If it breaks below 73,000–72,800, you may continue to hold the short down to around 72,000! For precise short entry points, please follow Lihui's real-time notifications!
There is a delay in article review and push notifications, and market conditions change rapidly. Please combine the entry points with your real-time trading and refer to live updates. The price points above are only for suggestions—do not use heavy leverage. Always set take-profit and stop-loss orders and secure profits when available!
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