Yueying: 9.17 Bitcoin Ethereum today's market analysis Interest rate decision to cut rates is imperative big dump whipsaw?

I am Zhou Yueying, let's take a look at today's sharing!

Bitcoin Technical Analysis————

The Bitcoin long strategy at 114800 saw a rebound at 114600, creating a space of over 2000. On the daily chart, the previous candlestick closed as a solid bullish line, and after a slight pullback at the opening, it continued to test towards the upper band. The Bollinger Bands are in an opening state, and short-term moving averages continue to run upwards. The MACD fast and slow lines broke through the 0 axis and continued to extend upwards with volume bars shrinking again. The KDJ, after turning down, received support and turned back up. We continue to watch the resistance around the 100 level, with the VR indicator consolidating near 110. In the four-hour chart, after the pullback to the lower band support last night, it rebounded and is currently breaking above the upper band after receiving support from the 7-day moving average. The Bollinger Bands are slightly opening, with short-term moving averages starting to turn upwards. The MACD fast and slow lines extended downwards before turning and forming a cross upwards, with volume bars increasing. The VR indicator is consolidating around the 120 level. Overall, Bitcoin is in a strong structure, and the daily level has not broken below the 60-day moving average. Tonight, the Federal Reserve's interest rate decision will be announced, and it is expected to cut rates by 25 basis points, which is basically confirmed. Each time there is significant data, market movements will inevitably involve whipsaws, so retail investors should mainly observe before and after the announcement. In the short term, we expect a rise followed by a fall, with upper resistance focused around 120,000 and lower support at two reference points: 114,000 and 112,000, for short-term outlook.

Bitcoin short-term: 114800 long (112800 long), 120200 short (123300 short) (strategy activation has space for self-control)

Auntie Technical Analysis ————

The performance of the Auntie coin yesterday was weaker than Bitcoin, with a stronger pullback. The market tested the support of the daily middle track and then rebounded. Currently, the Bollinger Bands are in a state of narrow flatness. On the four-hour chart, the market rebounded at the 60-day moving average and is currently testing the middle track. The Bollinger Bands show signs of downward movement with a narrowing range. In the short term, pay attention to the resistance at the upper track of the daily Bollinger Bands and the four-hour upper track. If it breaks through, watch the previous high range. On the downside, first pay attention to the support of the previous low range, followed by the support around 4300, looking at the short-term fluctuations.

Auntie short line: 4460 long (4348 long), 4658 short (4788 short) (strategy activation has space for self-assessment)

——I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate with me to learn operations together! See you next time. #BTC战略储备市场影响