#数字货币市场回调# The Bitcoin market is at a critical turning point, where the current situation contains both opportunities and hidden risks.

From the analysis of the daily chart, although the moving average system is still showing a downward pressure, the MA120 support level has just undergone a test, and the market's stop-loss signal has not yet been fully confirmed. However, this is not a pessimistic signal; rather, it could be the last accumulation before a large-scale rebound. On the technical side, the Bollinger Bands indicator is converging, and the upper limit of the rebound is expected to fall in the range of 113,000 to 114,000, which is likely to become the strongest resistance level in the near future.

In terms of trading volume indicators, the VR data over the past two days suggests the possibility of a bullish trap, and the support at the 110,000 round number is crucial. If the price can stabilize at this level, it will signify that the accumulation of bottom chips has been completed, and a strong upward movement is expected in the future. Although the OBV indicator shows a trend of capital outflow, this resembles more of a market washout behavior rather than a true escape of funds.

The momentum indicators show that the three major indicators, RSI, MFI, and CCI, are about to resonate, meaning that the current oscillating pattern will not last long, and the market is likely to make a clear directional choice in October. The Ichimoku Kinko Hyo system also provides a similar hint: if Bitcoin can return above $115,000 before October 5th, the market may completely turn bullish, and the market atmosphere is expected to shift from gloomy to sunny.

This week will be a crucial period for determining the future market direction! The three stages of stabilization after a decline, sideways consolidation, and convergence of indicators are likely to serve as a prelude to the October push towards $115,000. Investors should closely monitor this potential bottom opportunity and make appropriate preparations.