Bitcoin and Ethereum's latest market analysis and trading advice: The market fluctuations on September 3rd were tumultuous and unpredictable, giving a sense of ambiguity. Bitcoin's performance yesterday was full of ups and downs, reaching an intraday high near 111,700 in the evening and a relative low around 107,000. Overall, there wasn't a significant difference; it merely experienced substantial volatility influenced by the evening's U.S. stock market. Ethereum's performance yesterday was similar to Bitcoin's, but the extent of its fluctuations wasn't as large. The intraday relative high was around 4,414, and the relative low was around 4,205. Overall, both Bitcoin and Ethereum gave people the illusion that being alive is truly wonderful.
On the 4-hour chart, Bitcoin shows an overall upward trend. This strong trend continues to persist even under market conditions that could be seen as unfavorable, and amidst the upward momentum, the bars present a double top pattern. Although the strength during this period is somewhat weaker than Bitcoin's, the competition remains robust. Looking at Ethereum's 4-hour performance, it shows a stable downward trend within a range, and this downward state is being maintained. The momentum has not been affected by external factors, continuously refreshing lower points. The moving averages show a bearish arrangement, indicating that the bearish momentum has not weakened over time, but rather appears to be relatively stronger.
Bitcoin is expected to fluctuate around 111,500-112,000, looking towards 109,000. Ethereum is expected to fluctuate around 4,320-4,350, looking towards 4,220. #非农就业数据来袭 #Strategy增持比特币 #九月加密市场能否突破?