Good evening on September 3! Bitcoin rose from 77050 to 78149 around midday before retreating to 77436, and is currently trading around 77900. On the four-hour timeframe, bullish momentum continues to increase in volume and drive the price higher. Going long is the main focus tonight; our midday gains were 800+30 points.
$BTC Mingyuan, September 3 evening: Go long around 77500-77000, targeting
around 78400-79200.
$ETH Mingyuan, September 3 evening: Go long around 2385-2360, targeting
around 2430-2475.

BTC’s daily-chart uptrend structure remains intact. The pullback from 81500 in this round is a deep, healthy correction after a sharp rally; the daily KDJ has now entered an extremely oversold zone, with the J-value at only 6.9. Short-term bearish momentum is exhausted, and the need for a technical rebound is extremely strong. The broader bullish trend remains intact.
The 4-hour chart is relatively weak in the short term. The price is under pressure below the Bollinger Band middle line, while the MACD bearish trend continues, indicating that a short-term process of slight decline and volatile shakeout is still underway. It is not suitable to chase longs; only consider building long positions in batches at lower levels.
Go long near 76800, add at 76200, with targets at 78200 and 80000.
For ETH, go long near 2390, add at 2360, with targets at 2460 and 2540.
$BTC ‌#美伊局势恶化原油大涨5.7%