9.19 BTC/ETH Evening View:
On Saturday, the range was not large. BTC has been consolidating around the 81,000 area. The earlier limit-buys/orders placed at 75,000 and 76,000 should have already been exited/filled around the 80,000 level. Now, the only thing left is to be patient and wait for a pullback!
On the 4-hour timeframe, price action is still forming a choppy stair-step upward trend. The price is pushing the upper band higher and widening upwards. KDJ and RSI have slowed a bit, and MACD bullish momentum shows reduced volume, but the price still hasn’t dropped. The low-buy position from this morning was too conservative—I doubt there was a good chance to enter. A small adjustment is needed.
For support below, watch 80,500 and 79,500. The main long positions can be taken around these levels. Add-on orders can be reserved for 78,000. On rebounds, look at resistance at 81,500, 83,000, and 84,500.
For ETH, watch support at 2,585 and 2,545. The main low-buy positions can be taken around these levels. 2,485 is the spot for adding. On rebounds, resistance is at 2,645 and 2,720, and also at 2,820.
Two days ago, the rate-hike triggered a big pullback—low buys were a great opportunity for large profit. But now that price has already been lifted, and the 80,000 level has not yet been convincingly reclaimed, longs here will bring much smaller profits. The position is no longer as advantageous, so you must strictly control your position size; otherwise, if a deep pullback comes, you’ll be at risk of getting swept away. #华夏基金完成港元稳定币投资用例 $BTC
On Saturday, the range was not large. BTC has been consolidating around the 81,000 area. The earlier limit-buys/orders placed at 75,000 and 76,000 should have already been exited/filled around the 80,000 level. Now, the only thing left is to be patient and wait for a pullback!
On the 4-hour timeframe, price action is still forming a choppy stair-step upward trend. The price is pushing the upper band higher and widening upwards. KDJ and RSI have slowed a bit, and MACD bullish momentum shows reduced volume, but the price still hasn’t dropped. The low-buy position from this morning was too conservative—I doubt there was a good chance to enter. A small adjustment is needed.
For support below, watch 80,500 and 79,500. The main long positions can be taken around these levels. Add-on orders can be reserved for 78,000. On rebounds, look at resistance at 81,500, 83,000, and 84,500.
For ETH, watch support at 2,585 and 2,545. The main low-buy positions can be taken around these levels. 2,485 is the spot for adding. On rebounds, resistance is at 2,645 and 2,720, and also at 2,820.
Two days ago, the rate-hike triggered a big pullback—low buys were a great opportunity for large profit. But now that price has already been lifted, and the 80,000 level has not yet been convincingly reclaimed, longs here will bring much smaller profits. The position is no longer as advantageous, so you must strictly control your position size; otherwise, if a deep pullback comes, you’ll be at risk of getting swept away. #华夏基金完成港元稳定币投资用例 $BTC
