$BTC Liying Discusses Coin: Latest BTC (Bitcoin) and ETH (Ethereum) Market Analysis for 9.23
Family members! Bitcoin is currently at 86,200. After a sharp surge, the overall major trend is still upward. The moving average system is opened like a fan, showing strong bullish power. The current pullback looks more like the main force shaking out weak hands. As long as it doesn’t break the key support level, this rally trend remains intact. The EMA moving average system shows a perfect bullish alignment. The MACD indicator’s short-term upward momentum is weakening, and price is moving between the middle band and the upper band; the middle band is an extremely strong defensive line. Overall, the indicators suggest there’s a need for short-term correction, but the medium-term trend is still positive.
Short-term reference: Buy on dips, be cautious about topping.
Long at around 86,000; defense at 85,500; stop-loss 400 points; targets 87,300, then 88,000.
Long at around 87,000; defense at 87,500; stop-loss 400 points; target 86,000, then 85,500.
Ethereum
Family members! Ethereum is currently at 2,740. It’s taking a brief breather with a pullback, but the big trend is still not broken. When prices have surged too much and then retrace, it often gives an opportunity to those who haven’t gotten in yet. The EMA moving average system is in a bullish configuration. MACD short-term momentum is weakening, but the two lines are still above the zero axis—this is a strong correction. The Bollinger Bands price has fallen back to around the middle band at 2,727; this is the key line dividing bulls and bears. If the middle band stabilizes, there’s a chance to challenge the upper band again at 2,800. If it breaks below, the lower band at 2,653 will be a strong support. Overall, the trend is still intact, but remain alert that the short-term pullback may deepen.
Short-term level references
Long at around 2,725; defense at 2,700; stop-loss 40 points; target 2,750, then 2,820.
No short positions are recommended for now. Only if the price effectively breaks below 2,650 and does so with increased volume, then a short-term sell could target around 2,600, with a stop-loss at 2,680. The current main strategy is still to follow the trend and buy on dips, control position size, and don’t heavily bet on direction.
The above content is exclusively original by Liying. Please注明出处 when reposting! There may be a delay in the article’s market review; as conditions change rapidly, the above suggestions are for reference only—risk is yours to bear.
$ETH
#BTC走势分析 #ETH走势分析
Family members! Bitcoin is currently at 86,200. After a sharp surge, the overall major trend is still upward. The moving average system is opened like a fan, showing strong bullish power. The current pullback looks more like the main force shaking out weak hands. As long as it doesn’t break the key support level, this rally trend remains intact. The EMA moving average system shows a perfect bullish alignment. The MACD indicator’s short-term upward momentum is weakening, and price is moving between the middle band and the upper band; the middle band is an extremely strong defensive line. Overall, the indicators suggest there’s a need for short-term correction, but the medium-term trend is still positive.
Short-term reference: Buy on dips, be cautious about topping.
Long at around 86,000; defense at 85,500; stop-loss 400 points; targets 87,300, then 88,000.
Long at around 87,000; defense at 87,500; stop-loss 400 points; target 86,000, then 85,500.
Ethereum
Family members! Ethereum is currently at 2,740. It’s taking a brief breather with a pullback, but the big trend is still not broken. When prices have surged too much and then retrace, it often gives an opportunity to those who haven’t gotten in yet. The EMA moving average system is in a bullish configuration. MACD short-term momentum is weakening, but the two lines are still above the zero axis—this is a strong correction. The Bollinger Bands price has fallen back to around the middle band at 2,727; this is the key line dividing bulls and bears. If the middle band stabilizes, there’s a chance to challenge the upper band again at 2,800. If it breaks below, the lower band at 2,653 will be a strong support. Overall, the trend is still intact, but remain alert that the short-term pullback may deepen.
Short-term level references
Long at around 2,725; defense at 2,700; stop-loss 40 points; target 2,750, then 2,820.
No short positions are recommended for now. Only if the price effectively breaks below 2,650 and does so with increased volume, then a short-term sell could target around 2,600, with a stop-loss at 2,680. The current main strategy is still to follow the trend and buy on dips, control position size, and don’t heavily bet on direction.
The above content is exclusively original by Liying. Please注明出处 when reposting! There may be a delay in the article’s market review; as conditions change rapidly, the above suggestions are for reference only—risk is yours to bear.
$ETH
#BTC走势分析 #ETH走势分析
