#MichaelSaylor暗示增持BTC Latest Bitcoin and Ethereum technology trend analysis

As of September 29, the Bitcoin and Ethereum markets are clearly in a high pressure zone, showing an overall trend of pullback characteristics. Although there are signs of a rebound in the short term, it is worth noting that selling pressure is concentrated above, limiting the price increase space. Once market momentum weakens, it is likely to trigger a rapid decline, forming a typical waterfall drop pattern.

In the current market environment, investors should be wary of the risks of chasing highs. If there are plans to enter the market, it is advisable to wait for prices to pull back to key support levels before cautiously positioning. Short-term rebound trends may provide a good opportunity to set up short positions, as the overall market trend still leans towards downward.

Operational strategy reference:
Bitcoin: Consider setting a short position in the range of 112000-112500, with a short-term target around 110000 and a long-term target looking towards the 107000 level. Place the stop loss above 113000.

Ethereum: It is recommended to consider shorting in the range of 4130-4150, with a short-term target set around 4000, and a long-term target looking forward to the 3700 level. The stop-loss should be set above 4200.

The market is changing rapidly, and investors should closely monitor market developments and adjust their strategies in a timely manner to respond to market changes.