#GT# September 7 morning Bitcoin Ethereum market analysis and trading strategy



The Bitcoin price on the four-hour chart has experienced a significant pullback, accurately returning to the mid-range area without forming an effective break. Instead, it triggered strong support at this point and entered a consolidation phase. Considering the previous trends, the upward channel structure remains intact, and each pullback has pushed the low points gradually higher, significantly increasing the probability of continuing the upward trend. Pay attention to the key support level of 10.9300 during the day.

Ethereum has been in a volatile adjustment over the weekend, and the current price is consolidating below the resistance level of 4300. The 4-hour chart shows a bottoming rebound adjustment feature, forming a two consecutive bullish candlestick pattern. More importantly, BOLL, MACD, and KDJ are all synchronously forming a turning upward trend. Additionally, from the weekly trend perspective, the short-term upward direction has not changed, unless it breaks below the key support area of 4240.

Bitcoin: Buy around 10000, target: 11.1500-11.2500

Ethereum: Buy around 4280, target: 4340-4390 #非农就业数据来袭#
ETH0.12%
BTC-0.33%
GT-1.06%
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