🌹September 5th Kunpeng Market Analysis: Can BTC Turn the Tide?

Last night, Teacher Kunpeng clearly pointed out in the live broadcast that the short-term defense level needs to pay attention to the 109000 point. If this position is lost, BTC will likely continue to decline and create new lows.

From the actual trend, last night BTC dropped to around 109000 points but did not effectively break down. Instead, it rebounded again relying on this key support level, entering a consolidation phase. This provided the bulls with a chance for redemption. In the current market situation, if the consolidation pattern can be maintained at the 30-minute level, the bulls are expected to quickly recover the market in the coming days and achieve a short-term reversal.

For partners who have not yet clarified the trend logic, it is recommended to review Teacher Kunpeng's live broadcast replay from last night to better grasp the market context.