9.10 Evening Analysis of Ethereum
The daytime market has been relatively stable, with BTC gradually rising from 110800 to 112800, encountering resistance before retreating, and currently fluctuating around 112200; ETH has moved from 4285 to 4335, currently consolidating near 4320.
From a structural perspective, BTC has once again confirmed support at 111000 during yesterday's pullback, with lows continuing to rise. The 4-hour level has initially formed an upward channel, and the daily candlestick shows that bullish strength is steadily accumulating. If there is increased volume, a technical rebound is expected. ETH has also received buying support around 4300, with short-term bullish momentum unchanged.
Operations:
BTC: Long positions on pullbacks in the 111700–111400 range, targeting 113000–113300; pay attention to secondary support at 110700 below.
ETH: Long positions on pullbacks in the 4300–4280 range, targeting 4375–4400.
