BTC/ETH Support and Resistance Levels and News (September 1)

Current price: BTC approximately $77,600-$78,600; ETH approximately $2,450-$2,470

BTC Support and Resistance
4-hour: Support at 77,000, resistance at 79,500/80k. Short-term range-bound movement between 77-80k, RSI continuously weakening, MACD has peaked and pulled back
1-day: Support at 77,000, deeper downside target at 75,568 (August 24 low); resistance at 80k, with 82,000 in view upon a breakout. 20-day EMA at 71,101, 200-day EMA at 71,901
1-week: Support at 75,000, deeper downside target at 71,900 (200-day EMA); resistance at 80,000-82,000 (repeatedly facing resistance near the 50-week moving average). Rose approximately 22% in August, entering the profit-taking phase
1-month: Support at 63,000; resistance at 80,400. Broad-range consolidation, rebounding from $60k to $80,000 this year

Key levels: Holding above 80,000-82,000 would open up further upside; breaking below 77,000, especially 75,568, would weaken the structure, with 71,900 in view on a deeper drop

ETH Support and Resistance
4-hour: Support at 2,443, resistance at 2,458/2,480. RSI briefly reached 76 and was overbought, with the range compressing
1-day: Support at 2,400-2,420, resistance at 2,500-2,565. Repeatedly facing resistance at 2,500; breaking below 2,400 would put 2,340 in view
1-week: Support at 2,300-2,350, resistance at 2,500-2,550. Breaking below 2,300 would put 2,150-2,200 in view, while holding above it would put 2,600-2,700 in view
1-month: Support at 2,158-2,164; resistance at 2,632-2,650. Rose from 1,900 to 2,520 in August and is currently consolidating

Key levels: Holding above 2,400 and breaking through 2,500-2,565 will determine whether the strong momentum can continue; a break below 2,300 could result in a significant retracement of the earlier gains

Important News
1. The probability of the Federal Reserve raising rates by 25 basis points in September rose to 66.4% (only 39.6% a week ago), influenced by Chair Kevin Warsh's speech at Jackson Hole emphasizing persistent inflation
2. Key dates: September 11 CPI, September 15-16 FOMC meeting
3. The ETH spot ETF recorded net inflows exceeding $1.4 billion for nine consecutive days $ETH , with BlackRock's ETHA contributing the most, reaching $226 million in a single day
4. BTC spot ETFs saw inflows exceeding $2.8 billion in August, but signs of outflows have emerged recently, with institutions turning cautious
5. The Fear and Greed Index is at 65-72, in the greed zone but not yet at an extreme; BTC dominance is approximately 59%
6. The Clarity Act backed by the Trump administration is regarded as one of the catalysts for August's surge
7. Ontology suspended block production on its mainnet due to security concerns; Peach Bitcoin suspended its self-custody model in Switzerland and tightened KYC

The above is for reference only and does not constitute investment advice. Cryptocurrencies are highly volatile, so please assess the risks yourself $ETH