9.14btc/eth market analysis and strategic suggestions
Bitcoin rebounded slightly in the morning and reached around 26500, then came under pressure again and began to fall back. The 4-hour chart is still on a downward trend, but it has completely continued during the day. It still maintains a downward trend and is oscillating slowly downward. In the hourly chart, the Bollinger Road began to flatten, and the short-term fell into a see-saw. Considering the downward trend in 4 hours, we temporarily maintained our high-altitude thinking.
The overall intraday volatility of Ethereum is not too great. The price rebounded slightly above 1630 and then began to fall back under pressure. The 4-hour chart tested the resistance of the downward trend line many times this week. At present, the small cycle has entered a shock correction, but considering that the general direction is still downward, the first choice should be to choose opportunities to go high after being blocked. For specific points, please refer to:
btc: 26300-26500 empty, target 25700
eth: empty near 1620-1640, target 1580
