September 23 ETH outlook $ETH Enter short around 2690–2710, stop-loss at 2730, first target 2650, second target below 2630. Yesterday, ETH staged a bull trap alongside BTC, surging to 2787. The bulls’ short-term offensive looked very strong, but they failed to hold the high, after which a large bearish candle sent prices crashing down and the market’s center of gravity shifted directly lower. This rally looked impressive, but in reality, selling pressure at the highs was severe and the bulls’ attempt failed. It is currently in weak consolidation after retreating from the highs, so do not blindly chase longs. Wait for the price to rebound into the resistance zone, then enter short directly; One surge cannot represent the bulls taking control of the market. If the high cannot hold, do not be misled by the illusion of a temporary rise. #BTC短线回调 #山寨币大幅回落

$ETH Last night, my left-side dip-buying wick order at 2620 was not filled—it’s still somewhat strong. Long ETH at the current price, with a stop-loss at 2660. In the short term, I’m targeting 2750. Personal suggestion for reference only.

9.24 Midday Bitcoin and Ethereum Market Analysis The market still moved lower after the U.S. stock market opened last night. BTC ultimately failed to hold the 85,000 level, with this pullback currently reaching a low of around 83,500, for an overall decline of roughly 3,000 points. ETH, which was already in a relatively weak pattern, also fell, dropping from around 2,720 to around 2,630 before briefly stabilizing and rebounding, also losing nearly 100 points. Although we promptly switched to a short bias last night, the long position entered earlier still incurred a loss. However, precisely because of the shift in our outlook, we decisively reversed into shorts and followed the move once the support level was broken on increased volume, so the final result was still acceptable. After yesterday’s pullback, the Bollinger Bands’ middle line on the 4-hour chart has now initially been lost. The previous upward expansion has shifted into a converging pattern, with the upper and lower bands moving toward the middle line. In the short term, the bulls are facing strong selling pressure from the highs. The MACD fast and slow lines remain in a widening death-cross formation in the high zone, indicating that short-side momentum is still being released in the short term, with no signs of weakening yet. However, the KDJ has already entered the oversold zone, which has to some extent limited the strength of the short-side pullback and given the bulls some time to catch their breath. If the bulls are unable to recover lost ground in the short term during subsequent trading, this decline is likely to continue, at which point shorts can still be favored. Intraday, watch the pressure BTC faces at the 85,000 level; if it cannot move above it, take light short positions and target around 83,500. For ETH, watch the strength of resistance in the 2,700–2,710 range; if the pressure is strong, also target around 2,640. $BTC #BTC短线回调 $ETH