2024.9.2 Today's market analysis: ##btc ##eth

A new week has begun, and a new September has also begun. In the last month's line, the long-term buying was strong, and the key monthly level big positive line gap was filled. From the perspective of the monthly line, it is natural to consider buying on dips. But the long lower shadow also has a need to be filled, so September may see a situation of falling first and then rising.

At present, you only need to pay attention to the intraday situation, because this is not an opportunity for a medium- and long-term trend. Pay attention to the support performance of the 56500-57000 demand zone below. If it holds, you can consider going long, but it is best to consider going long after a false break and recovering the previous low of 55969.

The upper distance is relatively far, but it is the best position for shorting. The suppression near 59900 and the suppression performance of the upper oscillation range of 61400-62150, suppress and consider short orders.

ETH's performance is quite clear. The support below is the gap position in the previous period, around 2370-2410. If it holds here, you can consider long orders. Below is the previous low position of 2307. If there is a false break and recovery, you can also consider long orders.

Today is Monday, and the U.S. stock market is closed. Therefore, it is more likely that the market will maintain volatility from today to tomorrow. There may be good moves tomorrow night. For now, consider intraday short-term trading and stop when you see good results.