9.17 Wednesday early morning BTC ETH market analysis and trading suggestions: Every day is a new beginning. Instead of complaining about the past, it's better to focus on the present and take action to create the life you want.

From the market analysis, the Bitcoin market is experiencing intense long-short battles, with prices continuously oscillating and consolidating below key resistance levels. On the 4-hour chart, prices are running below the middle band of the Bollinger Bands, and technical indicators show a slight bearish momentum in the short term. However, both sides are waiting for clearer signals. Prices are fluctuating repeatedly in the range of 114500-116200, forming a distinct converging triangle pattern. This key resistance level has blocked the bulls' upward assault three times in a row, while the lower support level has also undergone multiple tests. The current price oscillation is building energy for the next trend, and the upcoming Federal Reserve interest rate meeting will be the catalyst to break the current consolidation pattern. We will maintain a bearish outlook for now.
Bitcoin: Short positions can be taken in the range of 116000-116500, with a short-term target of 114000.
Ethereum: Short position can be taken around 4480-4500, short-term target near 4380 #美联储降息预期升温 # 币圈趣事分享 #降息来袭，预测 BTC 多空走势