Market outlook for BTC and ETH on the afternoon of September 11.

BTC: After breaking through 113660 strongly yesterday, the US stock market slightly fell back, and long positions continue to be entered, with the target remaining unchanged at the 1142-1149 range. After the US stock market opened in the evening, it surged to around 1142 before falling back to about 113100. Long positions are still set around 113500, looking for an upward movement. Since September 9, I have been emphasizing that 113660 is a very critical position. If it breaks through strongly, the market will definitely rise above 114000. Currently, BTC is facing resistance around 114980-1153.

ETH: Recently, the second-tier coins have not shown strong performance and are still very weak compared to other cryptocurrencies, as they haven't even reached 4500. Currently, the 4-hour chart has broken through the upper band, and the daily chart is stabilizing near the middle band. We can maintain a bullish outlook on the daily middle band. However, if it oscillates near the daily middle band, we need to pay attention. The resistance level above is 4509.

BTC trading suggestion 115200-115700 range, defend 800 points, target 113000, if it breaks, look at 112000.

ETH operation suggestion 4490-4505 range defend 50 points target 4404 break look 4360-4340 #山寨币市场回暖 #美联储降息预期 #比特币市场动态