☯️ 9.8｜The big cake has been pushed back to around 79,000 again. Don’t rush to go long today—first see whether anyone will pick up this pullback.
Today is the Yiyou day. Wood is weak and metal is strong. Using this imagery to talk about the chart: the overhead pressure is still there. Feng shui/astrology is just for fun—trading still depends on price and volume.
$BTC is currently around $79,290, down 1.06% over the past 24H. Range: 78,682—80,428. Today, look for support at 78,500—79,000, and stronger support at 77,500—78,000. Overhead resistance: 80,000—80,500, with heavy resistance at 81,000—81,500. For the short term, lean slightly bearish/sideways first. If 78,500—79,000 can hold, and then price reclaims 80,000, there’s a chance to continue testing 80,500. Only after a real breakout and sustained hold above 80,500 should we look toward 81,000—82,000. If 78,500 breaks down, watch out for 78,000—and even 77,000.
$ETH is about $2,491, down 0.97% over the past 24H. Support: 2,450—2,470; stronger support: 2,400—2,420. Resistance: 2,500—2,520; heavy resistance: 2,550—2,580. If ETH can regain and hold above 2,500—2,520, while BTC also reclaims 80,000, then altcoins will have a foundation to keep repairing.
Tonight, US stocks resume trading. The S&P is looking at 7,700/7,800, and the Nasdaq at 26,500/26,800. The focus is still US Treasury yields and oil prices. WTI briefly reached around $92.6; if oil keeps rising, it could push up inflation and rate-hike expectations again. Gold support: 4,380—4,400; resistance: 4,440—4,460.
Next up: PPI on Sep 10 and CPI on Sep 11. Ahead of the data, it’s easy for the market to run a “false breakout.” Today, watch three things: whether BTC can hold 78,500—79,000; whether ETH can stand back above 2,500; and whether Treasury yields continue climbing.
There’s pressure above; look for follow-through/buying support on the downside. Until it breaks through, handle it as a range/sideways market first. Do you think BTC will reclaim 80,000 first, or go test 78,000 first?
For personal observation only and does not constitute investment advice.
Today is the Yiyou day. Wood is weak and metal is strong. Using this imagery to talk about the chart: the overhead pressure is still there. Feng shui/astrology is just for fun—trading still depends on price and volume.
$BTC is currently around $79,290, down 1.06% over the past 24H. Range: 78,682—80,428. Today, look for support at 78,500—79,000, and stronger support at 77,500—78,000. Overhead resistance: 80,000—80,500, with heavy resistance at 81,000—81,500. For the short term, lean slightly bearish/sideways first. If 78,500—79,000 can hold, and then price reclaims 80,000, there’s a chance to continue testing 80,500. Only after a real breakout and sustained hold above 80,500 should we look toward 81,000—82,000. If 78,500 breaks down, watch out for 78,000—and even 77,000.
$ETH is about $2,491, down 0.97% over the past 24H. Support: 2,450—2,470; stronger support: 2,400—2,420. Resistance: 2,500—2,520; heavy resistance: 2,550—2,580. If ETH can regain and hold above 2,500—2,520, while BTC also reclaims 80,000, then altcoins will have a foundation to keep repairing.
Tonight, US stocks resume trading. The S&P is looking at 7,700/7,800, and the Nasdaq at 26,500/26,800. The focus is still US Treasury yields and oil prices. WTI briefly reached around $92.6; if oil keeps rising, it could push up inflation and rate-hike expectations again. Gold support: 4,380—4,400; resistance: 4,440—4,460.
Next up: PPI on Sep 10 and CPI on Sep 11. Ahead of the data, it’s easy for the market to run a “false breakout.” Today, watch three things: whether BTC can hold 78,500—79,000; whether ETH can stand back above 2,500; and whether Treasury yields continue climbing.
There’s pressure above; look for follow-through/buying support on the downside. Until it breaks through, handle it as a range/sideways market first. Do you think BTC will reclaim 80,000 first, or go test 78,000 first?
For personal observation only and does not constitute investment advice.
