9.23 Thought Analysis
From a technical perspective, the MACD indicator remains below the zero line, and the energy bars representing bearish strength continue to expand, indicating that bearish forces dominate the current market.
The performance in terms of trading volume is crucial; currently, the trading volume has significantly decreased, and there is a phenomenon of divergence between volume and price. This characteristic means that the momentum driving the price increase is continuously weakening, and the selling pressure in the market is gradually concentrating and being released.
Operational Recommendations:
Bitcoin: 11300-113500 range, looking down to 112000-111000
Ether: 4230-4250 range, looking down to 4050-3800$BTC