9.11 Afternoon Bitcoin and Ethereum Market Analysis After the rebound and recovery during the morning and midday, Bitcoin has now returned above the 1-hour Bollinger Bands middle line, while the lower band has also turned upward. Short-term downward momentum has been further absorbed, but the upper band has not yet begun rising, so the upside channel has not been directly opened for now. Ethereum’s rebound has been somewhat stronger, with a trend toward approaching the upper band. The key is whether it can stabilize above the middle line. Market rises and falls have never been intended to make things difficult for anyone; they constantly test people’s inner discipline. Much of the time, what traps us is not the market itself, but our eagerness to realize gains. This afternoon, Bitcoin’s chart should still first focus on the resistance near 77500 above. If repeated attempts still fail to achieve an effective breakout, this round of low-level recovery will likely stop here, and the market will once again return to a choppy downward rhythm. Only after standing firmly above the resistance with increased volume can the rebound continue to expand. Therefore, this is still merely a weak recovery within a bearish market. For the bulls to reverse the situation, sustained buying will be needed to absorb the layers of trapped positions above. In terms of operations, do not blindly chase higher for now; wait for an effective breakout of the resistance level. Although Ethereum’s bulls are relatively stronger, the resistance zone likewise requires stronger momentum to break through; otherwise, it will be difficult to reach the 2500 level again. $BTC #8月CPI今晚公布 $ETH

I just casually hit refresh, and it went up on its own, leaving me in a pretty passive position. 😤 I just opened the chart, and $SPCX had already touched 149.14, with +724.04% showing on the books. I barely did anything, yet somehow felt a little embarrassed. Thinking back, around lunchtime the price was still grinding around 138.37, and quite a few people were saying this move was over. I checked the volume, and buying pressure was genuinely getting stronger, with each pullback holding at a higher level—the bottoming process holding without a breakdown is the most comfortable entry zone. So I simply said: go long. Once the profit is in hand, the pace has to be managed too: take 80% profit off the table first, and move the stop-loss on the remaining 20% above the entry price. Let the profits run as far as they can—I’m not greedy for the very last bite. The market specializes in humbling all kinds of people, especially those who think they’re the smartest. When you’re not sure about a trade, taking a look keeps you clear-headed, while buying in makes you foolish—at this level, it’s better not to trade than to chase the move. There will be plenty of opportunities later; the key is not to burn through your principal chasing trades. I’ll load up again when a new structure looks comfortable. $ADA $BTC

Major alert! U.S. CPI inflation data will be released at 20:30 tonight. As the key core data ahead of the Fed’s September rate decision, this inflation result will directly set short-term monetary policy expectations and drive the overall pace of gold, U.S. stocks, and crypto markets. The market is currently moving sideways with direction unclear, and all funds are waiting for the data to be released. If the data comes in high, lingering inflationary pressure will lift rate hike expectations, weighing on risk assets; if the data falls, continued cooling inflation will ease policy pressure, and the market will see a recovery rebound. At this stage, the chart is repeatedly showing wicks, with frequent false and genuine breakouts. The most stable approach is not to bet on direction in advance. Stay flat and observe before the data is released, avoiding subjective predictions; if trading with a small position, strictly control position size and always use stop-losses. Patiently wait for the news to be released, then follow the trend and seize high-certainty opportunities once the direction becomes clear.#8月CPI今晚公布 $BTC