9.8 Early Morning Thought Analysis

Bitcoin stopped falling and rebounded at the 110,000 mark, with clear short-term strong signals: bullish sentiment rising, moving averages diverging upwards, and trading volume expanding, providing sufficient upward momentum. Combined with expectations of liquidity easing under the Federal Reserve's interest rate cuts, it may continue to absorb incremental increases.

It should be noted that 117,000-120,000 is a core resistance zone; a breakthrough is needed to open up space. In the short term, it is advisable to take a bullish position, but be cautious of the risk of pullback at resistance levels.

Operation Suggestions

Bitcoin: Buy around 110,500, target 112,000

Ethereum: Buy around 4,240, target 4330#非农就业数据来袭 #美联储降息预期 #加密市场回调 $BTC