BTC surged above $80000 and then fell back, September is the real test?

BTC experienced a strong rebound in August. At the beginning of the month, it was still fluctuating in the range of 62000 to 65000 US dollars, but quickly rose from August 19th to 21st, rising from about 65000 US dollars to nearly 78000 US dollars in just three days, reaching a high of 81300 US dollars within the month. After profit taking at the end of the month, BTC has returned to around $78000, but the cumulative increase in August still reached about 23.7%. After surging above $80000 and then falling back, the market needs to see more than just whether it can continue to rise. The key is: Can $80000 go from a pressure level to a support level? In the short term, $80000 to $81000 remains the key pressure above, while the focus below is on the $72000 to $75000 region. Entering September, the importance of macro data has significantly increased. Non farm payroll on September 4th, CPI on September 11th, and FOMC on September 17th will be released one after another. Market expectations for employment, inflation, and the Federal Reserve's policy path may all change with the data. PPI、 Retail sales and other data are also worth paying attention to. If employment and inflation continue to cool down, market expectations for loose policies may be supported; If the data strengthens again, BTC may face greater volatility. Complete price repair in August, and verify whether this wave of price increase can continue in September. Next, we will focus on two things: whether BTC can regain its position at $80000, and how non farm payroll and CPI will affect market expectations of the Federal Reserve's policies. Risk Warning: The views, conclusions, and recommendations presented in this article are for reference only and do not constitute investment advice. The market is risky, and investment needs to be cautious.