Analysis of Bitcoin and Ethereum Market on September 9: Today’s Highlights of BTC and ETH

Market Review

The big cake went sideways over the weekend, with a slight rise. Those who reduced their holdings in the past two days continue to wait. Pay attention to the opening of the US stock market in the evening. If it stabilizes, you can consider following up. The consolidation cycle is basically in place. The last drop was before and after the interest rate cut. Buy in batches to avoid missing out on the subsequent market. The interest rate cut cycle is coming soon. When the interest rate cut just begins, necessary defensive preparations should be made. The two cakes follow BTC to consolidate synchronously, with a slight rise. Operate synchronously with BTC during the day. You can start buying in batches when it stabilizes. Today’s Highlights

BTC: 1-hour and 4-hour levels are below healthy levels, and the daily level is below healthy levels. Wait and see during the day. You can buy it if it stabilizes. The expectation of the big cycle has not weakened. The lower support is 53500-54000 during the day, and the upper resistance is 55500-56000. If the US stock market opens and stabilizes in the evening, you can consider buying it in batches.

ETH: 1-hour and 4-hour levels are below healthy levels, and the daily level is below healthy levels. Wait and see during the day. You can buy it if it stabilizes. The upper resistance is 2330-2380 during the day, and the lower support is 2200-2250 during the day. If the US stock market opens and stabilizes in the evening, you can consider buying it in batches.