9.8 Monday evening analysis and trading suggestions for Bitcoin and Ethereum: Don't be afraid of slow progress; even if you advance just 1% each day, over time you will surpass 99% of those who stand still. The market conditions in the early morning showed a clear narrow-range fluctuation trend, with extremely limited volatility. From the current market analysis, the overall pattern is showing a consolidation phase. On the daily chart, prices are continually being pressed by the middle band, with multiple attempts failing to break through effectively, indicating strong resistance above. The 4-hour chart more clearly demonstrates this fluctuation pattern. Prices are oscillating around the middle band of the Bollinger Bands, with the volatility gradually decreasing. From a technical perspective, the current price is forming a symmetrical triangle consolidation pattern, with a key support area at the previously formed low points. If it effectively breaks down, it may trigger a new round of downward movement; the key resistance level above needs to focus on the daily middle band and the pressure area of the previous high points. In the evening, maintain a bearish outlook.
Bitcoin: 112500-113000 can short with a target of 110000
Ethereum: 4340-4360 can short with a target of 4250#币安Alpha上新 #美联储降息预期 #波段交易策略