September 20
Handsome guy research report — Mainstream coins
Yesterday, BTC rose slightly. Today, in the morning, it began to retrace. On the 4-hour timeframe, there was no noticeable increase in volume. After the rate hike, the market did not fall but instead rose, which exceeded expectations. The Greed & Fear Index is 70. On the daily timeframe, there is also a synchronized retracement. The September rate hike has already been implemented, but the price has not fallen. In the near term, we are not planning to short. The market is not following the usual script. For long-term positioning, it is still recommended to wait until macro information is confirmed before considering entry. Wait for the retracement to stabilize; once sentiment is steady, then follow up.
ETH retraces in line with BTC. On the 4-hour timeframe, there is no surge in volume. It follows the big BTC. In the near term, on-chain sentiment has shown a mild recovery, which affects ETH as well. On the daily timeframe, it has broken out of the consolidation range. Consider following up only after the retracement stabilizes.
Fundamental news: The Fed’s September rate hike has been implemented. Watch for subsequent macro events.
Intraday support and resistance for mainstream coins:
For today’s intraday outlook: For BTC, support is 79,000–80,000 below, and resistance is 81,000–81,500 above. For ETH, support is 2,500–2,550 below, and resistance is 2,600–2,650 above.
Handsome guy research report — Mainstream coins
Yesterday, BTC rose slightly. Today, in the morning, it began to retrace. On the 4-hour timeframe, there was no noticeable increase in volume. After the rate hike, the market did not fall but instead rose, which exceeded expectations. The Greed & Fear Index is 70. On the daily timeframe, there is also a synchronized retracement. The September rate hike has already been implemented, but the price has not fallen. In the near term, we are not planning to short. The market is not following the usual script. For long-term positioning, it is still recommended to wait until macro information is confirmed before considering entry. Wait for the retracement to stabilize; once sentiment is steady, then follow up.
ETH retraces in line with BTC. On the 4-hour timeframe, there is no surge in volume. It follows the big BTC. In the near term, on-chain sentiment has shown a mild recovery, which affects ETH as well. On the daily timeframe, it has broken out of the consolidation range. Consider following up only after the retracement stabilizes.
Fundamental news: The Fed’s September rate hike has been implemented. Watch for subsequent macro events.
Intraday support and resistance for mainstream coins:
For today’s intraday outlook: For BTC, support is 79,000–80,000 below, and resistance is 81,000–81,500 above. For ETH, support is 2,500–2,550 below, and resistance is 2,600–2,650 above.