Latest analysis of BTC/ETH on Wednesday afternoon, September 10


From the current perspective, after yesterday's trend surged past the 113000 mark, the evening's non-farm correction data provided some benefits, but still resulted in a smashing effect. After dropping below 111000 in the early morning, it showed a bottoming state. Currently, the small range is providing a slight upward movement. The overall trend is still in a wide fluctuation, and there is a high probability that it will again test the 113000 mark. In terms of operations, it is advisable to mainly maintain low long positions!

From a four-hour perspective, the Bollinger Bands are slowly moving upwards, with the upper and lower bands gradually rising. The price has successfully positioned above the middle band, the MACD has formed a golden cross and is moving upwards, and a golden cross at the zero line for KDJ is about to form. There is likely to be another upward surge in the trend, so maintain a primarily low-long operation!

BTC: 111000-111500, looking up to around 113000-114000

ETH: 4280-4300, looking up towards 4400-4450 range.
BTC1.78%
ETH3.76%
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