9.4 Morning Bitcoin Strategy Analysis
The daily line continues to hover below the middle track, but this does not hinder the maintenance of the overall upward trend. The previous two attempts to test the line of 111500 failed to break downwards, instead experiencing a certain degree of rebound due to the support below. Currently, the pullback lacks sustainability; in the short term, the market shows a continuous upward pattern. Overall, the market is in a stage of absorbing funds after a second round of pressure and retreat.
The 4-hour chart is currently consolidating and gathering strength with support from the middle and lower tracks after a pullback adjustment. Structurally, it still maintains short-term support as an extension of the bottom rebound, without showing a rapid surge and retreat. From the hourly chart analysis, the short-term market will continue to rebound upwards, further rising after yesterday's consolidation. Combined with past trends at the beginning of the week, there are no signs of a surge and retreat, indicating that the short-term market is poised to take off; it's just a matter of time. 📈
BTC Recommendation: Around 111500, target 113000
ETH Recommendation: Around 4400, target 4500
One must go with the trend, stay rational at all times, maintain good defense, and never blindly resist! Wishing you all the best, seize every wave of market movement, we have always moved forward side by side! #非农就业数据来袭 #特朗普家族币 #币安HODLer空投SOMI #Strategy增持比特币 #比特币巨鲸换仓以太坊 $BTC $ETH $SOL