2024.9.6 Today's market analysis: ##btc ##eth

Yesterday's market rose and fell. The long lower shadow closed the day before yesterday was almost completely recovered yesterday, but the interesting thing is that it closed above 56000. What kind of market action will the non-agricultural data tonight trigger?

In 1 hour, the low point of 55555 the day before yesterday was not broken. There is a rebound action at present, but because of the V-shaped reverse action formed the day before yesterday and yesterday, the resonant gap above has not been filled. In the area around 57300-57600, if it comes to pressure, you can consider aggressive short orders. But here I am more willing to consider low-to-long as the main, because a parallel bottom is formed below, and the liquidity is very strong. Those who bought the bottom last night and those who bought the bottom today will basically set the stop loss below 55555. If you use the news to get liquidity to fake a break and recover it tonight, it will be a very good opportunity to do more. During the day, you can also do a short-term decline to connect more.

In 15 minutes, we can see that the support at 56,000 is very strong. It has not fallen below 56,000 in 15 minutes. Even if it accelerates, it will eventually close with a long lower shadow and return to above 56,000. This is undoubtedly a good opportunity to go long during the day.

For ETH, the short-term trend is more obvious. The downward trend line here has been broken, and you can consider waiting for a pullback to take more action. However, at a larger level, there is a parallel bottom at 2304. Tonight, if you use the news to falsely break and recover, it is also a very good opportunity to go long.

The data tonight is particularly important, and the actions taken in conjunction with the data are even more important. Cautious friends can wait for the data in the evening and do not consider entering the market during the day.