9.5 Friday early morning BTC/ETH latest analysis


From the current perspective, yesterday's ADP employment figures provided a bullish signal, but the market fell instead of rising. Tomorrow, non-farm payroll data will be released, and a washout before the data is considered normal behavior. The market is currently consolidating sideways at the 109500 level after breaking below the 110000 mark. There are clear signs of bottom building, and a rebound in a small range is expected to form in the short term. In terms of operations, maintain a low bullish stance and look for rebounds!

From a four-hour perspective, even though it is currently operating at the lower band, the Bollinger Bands are still opening upward, the middle band is continuously extending upward, the MACD is showing a decrease in bearish volume, and the KDJ is about to form a golden cross at the zero axis. Currently, the bottoming behavior is very evident, and in the short term, it is still advisable to maintain a low bullish outlook for rebounds, keeping a focus on low bullish operations!

BTC: 109000-109500, looking up to around 112000-113000

ETH: 4280-4300, looking up near 4400-4500
#非农就业数据来袭 #今日你看涨还是看跌?
BTC1.34%
ETH3.23%
ADP0.32%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned