From the current market perspective, after a weekend of sideways consolidation, the trend has stopped declining and rebounded, breaking through the 114000 level intraday. The bulls have strongly reclaimed lost ground and are currently operating at the middle track of the daily chart. If it breaks through 114800, it is highly likely to test the resistance at 118000. The strategy should focus on buying at lower levels.
On the four-hour chart, the Bollinger Bands are opening upwards, the MACD bullish momentum continues to expand, and the KDJ has a golden cross moving upwards with continuity. Currently, it is at the upper resistance level. After stabilizing in the short term, it may rise again. The strategy is to maintain low buy positions during pullbacks.
BTC: 112500-113200, looking up to around 115000-115500
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Latest analysis of BTC/ETH on the morning of 9.30
From the current market perspective, after a weekend of sideways consolidation, the trend has stopped declining and rebounded, breaking through the 114000 level intraday. The bulls have strongly reclaimed lost ground and are currently operating at the middle track of the daily chart. If it breaks through 114800, it is highly likely to test the resistance at 118000. The strategy should focus on buying at lower levels.
On the four-hour chart, the Bollinger Bands are opening upwards, the MACD bullish momentum continues to expand, and the KDJ has a golden cross moving upwards with continuity. Currently, it is at the upper resistance level. After stabilizing in the short term, it may rise again. The strategy is to maintain low buy positions during pullbacks.
BTC: 112500-113200, looking up to around 115000-115500
ETH: 4130-4150, looking up at around 4300-4400