9.6

Last night's non-farm data was favorable, and it is conducive to a 50 basis point rate cut in September (previously 25 basis points).

BTC
Yesterday's analysis and resistance levels for everyone were exactly the same as yesterday's trend. In the end, it still did not manage to stabilize above 113000. The overall strategy remains unchanged. If it does not stabilize above 113000, we will continue to see fluctuations in the range of 110000 to 113000. However, if the 110000 level consistently does not break down, then next week we need to pay attention to whether this level will end its fluctuations and then choose a direction. Therefore, overall, the focus for the day is on fluctuations, with support at 110000-108200 and resistance at 112700-114200.

ETH
Yesterday, Ethereum provided everyone with the idea that there would be a small-level rebound, but the strength would not be very strong. Ultimately, after reaching the position of 4485, there was a downward spike, which aligns well with the market trend. At the current position, we will notice that the four-hour level is gradually lowering towards the top, and the strength of the fast and slow lines is gradually weakening. Therefore, as long as we do not break through 4483 at this position, we need to pay attention to the risk of downward spikes. So, during these two days of the weekend, the key focus is on whether the position of 4225 can be broken. If it can be broken, it is highly likely to lead to a downward spike. We should pay attention to the support below at 4088 and 3880, with resistance at 4390-4483. Another scenario is that the four-hour level continues to oscillate above 4222, then repairs the divergence at the four-hour level, leading to a four-hour rebound, moving into the bullish territory, thereby eliminating the risk of this spike.