Analyst Liang Qiu: On September 16, Bitcoin and Ethereum short orders achieved great success, continuing to pump in the early morning.
The afternoon and evening layout strategy for Bitcoin and Ethereum has seen the market oscillate downwards from its peak, with overall space being quite good, and all previous strategies are visible. Currently, the market has rebounded slightly relying on short-term support, but the strength is not significant, and the overall downward trend has not been reversed. The market still has further downward space, with short-term resistance at 116000 and 4560. On the technical indicators, the daily line has formed a short-term correction trend with consecutive days of closing in the red. The 2-hour low is continuously refreshed, and it is currently in a weak oscillation state, with MACD showing a dominant bearish force on the 2-hour chart; the bearish trend on the daily line is obvious, with EMA on the 2-hour chart showing a bearish arrangement, indicating significant rebound pressure; the overall EMA moving average system on the daily line is diverging downward. The operation suggestion in the early morning is to continue to short Bitcoin around 115000 to 115500, with a target near 113500; for Ethereum, short around 4520 to 4540, with a target near 4430. #美联储降息预期升温 #币圈趣事分享 #
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Analyst Liang Qiu: On September 16, Bitcoin and Ethereum short orders achieved great success, continuing to pump in the early morning.
The afternoon and evening layout strategy for Bitcoin and Ethereum has seen the market oscillate downwards from its peak, with overall space being quite good, and all previous strategies are visible. Currently, the market has rebounded slightly relying on short-term support, but the strength is not significant, and the overall downward trend has not been reversed. The market still has further downward space, with short-term resistance at 116000 and 4560.
On the technical indicators, the daily line has formed a short-term correction trend with consecutive days of closing in the red. The 2-hour low is continuously refreshed, and it is currently in a weak oscillation state, with MACD showing a dominant bearish force on the 2-hour chart; the bearish trend on the daily line is obvious, with EMA on the 2-hour chart showing a bearish arrangement, indicating significant rebound pressure; the overall EMA moving average system on the daily line is diverging downward.
The operation suggestion in the early morning is to continue to short Bitcoin around 115000 to 115500, with a target near 113500; for Ethereum, short around 4520 to 4540, with a target near 4430.
#美联储降息预期升温 #币圈趣事分享 #