9.9 Evening Market Analysis

• BTC can focus on short positions around 113800 and 114600, with the lower target looking towards the 111800-111000 range.

• ETH can focus on short positions around 4390 and 4460, with the lower target looking towards the 4280-4200 range.

Looking back at the noon trend, BTC started to rise from 111700 points, reaching a high near 113300 points, but subsequently failed to maintain the upward momentum, entering a short-term consolidation phase.

From the hourly Bollinger Bands (boll) indicator, the current upper, middle, and lower bands have completed their turn and have entered a parallel horizontal running state, indicating that the forces between bulls and bears in the short-term market are gradually tending to balance, overall in a stage of consolidation and accumulation.

Previously, the price briefly broke through the upper band of the Bollinger Bands but did not stabilize, quickly falling back into the Bollinger Band channel. This trend not only confirms the effectiveness of the upper band resistance but also indicates that the current bullish upward momentum is still insufficient to support a sustained price breakthrough. #币安HODLer空投LINEA