Yueying: 9.28 Bitcoin Ethereum today's market analysis Narrow range pattern about to break Will the long positions go against the trend?

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

Bitcoin Technical Analysis————

The weekend market has entered a narrow range of fluctuations, with Bitcoin currently having only a few hundred dollars of movement. The short-term strategy mentioned above was accurate, but the space is limited. Looking at the daily chart, the previous candlestick formed a hammer candlestick, and the market opened with a slight downward fluctuation today. The Bollinger Bands are slightly opening, with the short-term moving averages trending downward. The MACD fast and slow lines are extending downward, with the volume bars continuously increasing, and the KDJ shows signs of turning near the 0 level. The VR indicator is consolidating around the 100 level. On the 4-hour chart, the market continues to operate below the middle line, with the candlestick forming a straight line. The Bollinger Bands are in a contracted state, and the short-term moving averages are flattening with the candlestick. The MACD fast and slow lines have crossed and are moving upward, while the volume bars are decreasing. The KDJ has turned downward again, and the VR indicator is consolidating around the 70 level. Overall, the narrow fluctuations over the weekend also indicate that long positions and short positions are entering a stalemate, and the range of fluctuations is about to change. Currently, the market continues to lean toward weakness, with resistance first focusing on the 110,000 level, followed by the area below 111,000. Support should be observed above the previous low, and if it breaks, attention should be paid to the area above 105,000. A breakout is imminent, so manage risk well for short-term positions and follow short-term suggestions.

Bitcoin short-term suggestion: short at 109800 (short at 110700), long at 108800 (long at 10580) (strategy activation has profit, manage it yourself)

Concubine technology analysis————

The auntie follows Bitcoin into a narrow range of fluctuations. The previous short positions were accurate, and the space is similarly limited. The daily and 4-hour technical trends are similar to Bitcoin, so they can be referenced simultaneously. A short-term trend change is imminent, with initial resistance to watch at around 4080 above, followed by 4180. For support below, watch the previous low area, and be cautious of a false break below 3800. This is a short-term trading suggestion.

Auntie's short-term advice: 4040 short (4155 short), 3885 long (3780 long) (Strategy activation has profit, take it at your own discretion)

——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 and operate together! Let's exchange ideas and profit together. See you next time.