Financial Research Society - September 23, 2025

Bitcoin daily line level correction, falling below the life line, nearing the support near the daily bull-bear boundary line. After a decline, there was a stop loss signal at the hourly level, and currently, a rebound signal is forming at the small cycle level, with a rebound at the hourly level. However, the daily line has shifted from an upward trend to a downward trend. The weekly line level is in high position consolidation, and the MACD indicator on the weekly line has not been repaired after a dead cross.

Ethereum's weekly line retraced to the 10-day line support, and the weekly MACD has turned down from a high position. The daily line has fallen below the life line support, retracing to the 60-day line support. An hourly spike near 4050 formed a stop loss rebound signal. Similarly, the hourly level rebound indicates that the daily level is currently experiencing a rebound within a downward trend.

Bitcoin's reference fluctuation range today:

Support levels: around 112000, around 111000, around 110688

Resistance levels: around 113700, around 114500

Ethereum's reference fluctuation range today:

Support levels: around 4150, around 4068, around 3969

Resistance levels: around 4280, around 4330, #加密市场回调 $BTC $ETH