9.3 Night Market Analysis

Good evening, brothers! The market is like driving on a dark road; when the lights are on, see clearly before stepping on the gas, don’t rush into a pit!

Tonight, Bitcoin is indeed quite strong, surging near the second resistance point. It looks strong, but let's not rush in. We can’t say it has completely reversed unless it breaks above 113621; only then can this downtrend be truly considered over. We’ll first watch how the small pullback goes at midnight.

For Bitcoin, focus on the position at 111330; as long as it doesn’t break below, the short term is still in the bulls’ hands. The resistance above is at 112470, 113450, and around 114500. But if it breaks below 111330, it may need to pull back on an hourly level, with support looking at 110510, 109680, and 108600.

For Ethereum, we need to watch 4415; if it doesn’t break, there’s still a chance to move up, with resistance at 4478, 4510, and around 4571. If it breaks below 4415, it may need to pull back on an hourly level, with support looking at 4385, 4340, and 4285.

SOL has a similar logic; if it holds above 208, there’s still hope, looking up at 213, 217, and 223. If it breaks below 208, it may pull back short-term, with support at 205, 202, and around 197.

Over the years, I’ve seen too many people blindly chasing highs and cutting losses, ultimately becoming fodder for the market. For example, during last month’s market, many rushed in after a spike, only to get stuck when it didn’t break the key point. So the stronger it seems, the more calm and patient we need to be for confirmation.

Brothers, key positions are like traffic lights on the road; stop at red, go at green, and don’t rush through the yellow. If you also like to operate based on positions, feel free to leave a message to discuss your recent trades, so we can avoid pitfalls and seize opportunities together! #九月加密市场能否突破？