Be careful of Ethereum falsely breaking 4K and recovering $ETH
MM-喵姐
--
9.25 Market Trend Analysis:
Bitcoin made a strong rebound last night, with decent volume, but after hitting the small EMA resistance, it began to pull back again. Another accelerated drop is expected. If 11W cannot hold, 109500 will become a key battleground for bulls and bears. Ethereum doesn't need much explanation; it has already reached the box bottom support of 4060. If it doesn't break 4060, it will continue to oscillate. Once it breaks 4060, Ethereum will accelerate its decline, and the support line at 4000 may not hold!
The overall structure of mainstream altcoins is relatively stable. DOGE, PEPE, and SUI have all shown double-bottom patterns and currently have no plans to make new lows. $SOL can be bought in batches. Although the short-term structure has broken, from the daily and weekly perspectives, it has only pulled back into the rising channel, and the trend is not bad. The cost-performance ratio around 200 has emerged, and there is still a chance to push towards 296, so taking the opportunity to buy low is the way to go. $BNB is even more aggressive than Auntie! The weekly chart is stable like a bull market, breaking previous highs and then just making a small pullback before continuing to surge. The short-term view remains the same as last time (see Chart 2).
The market hasn't turned bad yet; now is a good time to patiently lay in wait.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.