Morning thoughts on 9.3



The daily chart of Bitcoin shows that the recent price is in a fluctuating upward trend. The 2nd and 3rd recorded consecutive gains, with prices gradually approaching previous high point areas. This trend indicates that bearish momentum is continuously weakening, while bullish strength is accumulating. Although the current market has not completely escaped the fluctuating pattern, the gradual exertion of bullish power has increased the possibility of breaking through previous highs. Attention should be paid to whether an effective breakout can be formed subsequently, to confirm the further extension of the trend.

Operation suggestions:

Long positions in the range of 110100-110600, targeting around 112500-113000.

Long in the range of 4180-4210 for Ethereum, targeting around 4340-4370 #Gate 新上线 WLFI# #九月份加密市场能否突破# #今日你看涨还是看跌?#
ETH-0.07%
BTC0.43%
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