#BTC 9.26 midday Bitcoin Ethereum market analysis and trading suggestions

The market will not rise forever, nor will it fall forever. During a bear market, focus on learning, and during a bull market, harvest calmly. True value lies not in short-term fluctuations, but in your enhanced understanding after traversing cycles. Hold on to patience; time will reward long-term thinkers. Last night's wave of news completely shattered the rebound pattern, and the spilled water cannot be retrieved. The downward space is constantly being broken, and the rebound strength is significantly damaged in the short term, making it difficult to regain lost ground. Currently, the downward trend has taken shape, and continuity still exists, but the lower levels are gradually finding a bottom. Today's layout mainly focuses on the continuation of market pullbacks, testing the pressure-bearing capacity at the bottom, and lightly positioning short orders in the direction of the trend.

According to the current market situation, from a four-hour perspective, after a continuous decline, the market has stopped and rebounded, with prices also warming up somewhat. However, the current slight rebound is not enough to change the trend structure; overall, the trend is still in a downward channel. Therefore, the current upward rebound is a conversion of time and space for a second decline, and the market structure still leans towards a bearish trend. From a one-hour perspective, the market is fluctuating within a small range, and the continuation of the bullish rebound is not strong. The market has entered a corrective trajectory, with the pattern being a low-level adjustment. However, from an overall trend perspective, the bears still dominate. Thus, in the morning operations, we will adopt a strategy of selling high after the rebound.

Short the midday Bitcoin at 109900-109600, target around 108000.
Midday Ether can be shorted at 3990-3970, targeting around 3900 #GateLayer正式上线 #LaunchpadXPL认购开启 #狗狗币ETF进展