$BTC Liying talks about coin: Latest market analysis of Bitcoin (BTC) and Ethereum (ETH) on 9/17
Family members! Bitcoin is currently at 75,750. The market looks like a deflated balloon right now—although it has fallen a lot, no one knows where the bottom is. Many people are asking whether they should buy the dip, or whether it will continue to drop further. Based on the current K-line pattern, bearish momentum is completely dominating the market, while the bulls have almost no ability to fight back. The EMA moving averages are showing a typical bearish arrangement. The MACD indicator’s DIF and DEA lines are still diverging downward, and the momentum has not fully exhausted. The price is hugging the lower Bollinger band and the band is opening downward—this is a strong one-way sell-off signal, meaning volatility is expanding and the direction is downward. As long as the price cannot effectively reclaim the middle band of the Bollinger Bands, any rise should be treated as a technical correction rather than a reversal
Short-term trading ideas (reference):
Go for “Kongdan” at 75,900, with protection at 76,200, stop loss at 400 points, target 75,200 aiming for 74,600
Go for “Duohe” if it holds above 76,400 and does not break through to enter, stop loss at 400 points, target 77,500 aiming for 78,500
Ethereum
Family members! Ethereum is currently at 2,390. The market sentiment is very fragile right now—everyone is watching and no one dares to act rashly. For us retail traders, don’t bet on a one-way explosive surge or dump at this moment. Instead, watch this support level. As long as it doesn’t break below the previous low, you’ll have a chance to trade a rebound. If it effectively breaks down, then you need to leave quickly—don’t fight the trend. Although the MACD indicator’s DIF and DEA downward momentum is weakening, it has not reversed. The price is currently running tightly along the lower band at 2,351, and the Bollinger Bands are opening downward—this is a typical weak channel. However, when the price touches the lower band, it usually triggers a technical correction. The 2,351–2,355 range forms extremely strong dual support. As long as the price can re-establish above EMA7, the short-term can be considered to have stabilized
Short-term level references:
Go for “Duohe” at 2,360, with protection at 2,350, stop loss at 40 points, target 2,400 aiming for 2,430
Go for “Kongdan” at 2,400, with protection at 2,430, stop loss at 40 points, target 2,380 aiming for 2,350
The content above is an exclusive original by Liying. Please indicate the source if you reproduce it. The article review may have a delay, and market conditions change rapidly. The suggestions above are for reference only—risk is your own responsibility.
#BTC走势分析 $ETH
#ETH走势分析
Family members! Bitcoin is currently at 75,750. The market looks like a deflated balloon right now—although it has fallen a lot, no one knows where the bottom is. Many people are asking whether they should buy the dip, or whether it will continue to drop further. Based on the current K-line pattern, bearish momentum is completely dominating the market, while the bulls have almost no ability to fight back. The EMA moving averages are showing a typical bearish arrangement. The MACD indicator’s DIF and DEA lines are still diverging downward, and the momentum has not fully exhausted. The price is hugging the lower Bollinger band and the band is opening downward—this is a strong one-way sell-off signal, meaning volatility is expanding and the direction is downward. As long as the price cannot effectively reclaim the middle band of the Bollinger Bands, any rise should be treated as a technical correction rather than a reversal
Short-term trading ideas (reference):
Go for “Kongdan” at 75,900, with protection at 76,200, stop loss at 400 points, target 75,200 aiming for 74,600
Go for “Duohe” if it holds above 76,400 and does not break through to enter, stop loss at 400 points, target 77,500 aiming for 78,500
Ethereum
Family members! Ethereum is currently at 2,390. The market sentiment is very fragile right now—everyone is watching and no one dares to act rashly. For us retail traders, don’t bet on a one-way explosive surge or dump at this moment. Instead, watch this support level. As long as it doesn’t break below the previous low, you’ll have a chance to trade a rebound. If it effectively breaks down, then you need to leave quickly—don’t fight the trend. Although the MACD indicator’s DIF and DEA downward momentum is weakening, it has not reversed. The price is currently running tightly along the lower band at 2,351, and the Bollinger Bands are opening downward—this is a typical weak channel. However, when the price touches the lower band, it usually triggers a technical correction. The 2,351–2,355 range forms extremely strong dual support. As long as the price can re-establish above EMA7, the short-term can be considered to have stabilized
Short-term level references:
Go for “Duohe” at 2,360, with protection at 2,350, stop loss at 40 points, target 2,400 aiming for 2,430
Go for “Kongdan” at 2,400, with protection at 2,430, stop loss at 40 points, target 2,380 aiming for 2,350
The content above is an exclusive original by Liying. Please indicate the source if you reproduce it. The article review may have a delay, and market conditions change rapidly. The suggestions above are for reference only—risk is your own responsibility.
#BTC走势分析 $ETH
#ETH走势分析
