Analyst Liang Qiu: 9.28 Bitcoin and Ethereum continue to trade sideways over the weekend, market turning point is imminent.



Give yourself a hope, try not to innocently worry about tomorrow, not to sigh over yesterday, but to make today better. Bitcoin Aunt has been continuing to trade sideways over the weekend, with overall long and short continuation extremely poor. The hourly and four-hour lines are slowly narrowing, which has caused the short-term high and low points to continuously switch and the volatility to narrow. The trend still needs to wait for tomorrow's weekly closing to break out. Bitcoin Aunt needs to pay attention to the resistance at 111000 and 4100 above, while the lower reference is the recent low points at 117000 and 3820. Effective support after multiple bottoms will lead to a rebound.

In technical analysis, the bearish resonance formed by the evening star pattern of Bitcoin and the bearish alignment of moving averages indicates a strong downward trend. The 2-hour K-line is overall in a downward trend, with high points gradually decreasing and low points not significantly rising. The MACD's short-term bearish momentum on the 2-hour chart is weakening, but the trend remains bearish. The Ether 2-hour cycle shows the high points gradually decreasing and low points slightly rising, forming a short-term consolidation range. The MACD's bearish strength on the 2-hour chart has weakened, but no significant bullish signals have appeared yet. The EMA's long-term trend still leans bearish, and the 2-hour trading volume continues to shrink, increasing the probability of sideways movement in the short term.

Short-term trading advice: Enter short for Bitcoin around 109500 to 110000, target near 108300; Enter short for Ethereum around 4020 to 4050, target near 3950.
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BTC-1.58%
ETH-2.3%
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QSHS6
· 2025-09-28 16:18
Steadfast HODL💎
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