#美联储降息预期升温# This afternoon, observing the performance of the Bitcoin market, BTC and ETH have both entered a high-level oscillation adjustment phase after experiencing a rapid rise earlier.



Technical analysis shows that, from the 4-hour candlestick chart, the price has broken through the middle band of the Bollinger Bands. Combined with the MACD indicator signals, although there are signs of an upward trend, these signals are mostly presented in a ghostly form, lacking sufficient upward momentum. The resistance at the 116500 level remains very apparent and difficult to break through easily. In summary, the current market trend is still dominated by bearish forces.

For trading strategy, consider shorting at the 116500 position. If the price continues to rise to the 117300 area, you can increase the short position. Pay attention to the support area at the 114500 target price. $BTC $ETH
BTC-0.26%
ETH-1.47%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • Repost
  • Share
Comment
0/400
DeFiChefvip
· 09-17 19:12
Harvesting the vegetables, getting ready to Short.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)