September 10 Daytime BTC/ETH Market Analysis
Everyone may have noticed that there has been a situation in the market where 'altcoins are strengthening, while Bitcoin and Ethereum are relatively weak.' The main reason is that most of the funds have not yet returned to Bitcoin and Ethereum, the leading cryptocurrencies. Additionally, there is significant selling pressure on these two coins in the short term, making it less advantageous to enter the market directly right now.
However, there is one point worth noting: Bitcoin and Ethereum have not broken their previous lows during each pullback. The main capital is now taking a 'steady approach,' unlike before when it was aggressive with 'a sudden 200-point increase.' Once the funds flow back from altcoins to these two mainstream coins, it will be a good time for them to hit new highs. As long as these two coins do not break the upward trend line, the overall bullish pattern remains unchanged. The low-position buying strategy suggested in the early morning can be held onto by those who followed it, with a focus on whether today can exceed yesterday's high.
Operation Suggestions
Bitcoin: It is recommended to place orders around 111300, initially targeting 113200. If there is enough trading volume to break this point today, we can then look up to 114200.
Ethereum: You can enter around 4300, initially focusing on the previous high of 4380. If it can break through with trading volume, continue to look up at the two target levels of 4413 and 4488.