9.28 BTC/ETH Market Outlook:
BTC has repeatedly rebounded and tested the 85000 resistance level, but has failed to hold above it effectively. This morning it surged again but was pressured and pulled back, and is now back near support around 83500. The narrow-range consolidation between 83500 and 85000 has been going on for several days, which is indeed somewhat frustrating.
The intraday strategy remains mainly to buy on dips. Support below is focused on 83000, 81500, and 80500; low-position buying can be arranged around these levels. On rebounds, watch resistance at 85000-87000-90000.
For ETH, watch support at 2620, 2560, and 2500 below; low-position buying can be arranged around these levels. On rebounds, watch resistance at 2720-2850-3000.
BTC's weekly candlestick closed as a hanging man bullish candle, making it two consecutive weeks closing positive. KDJ and RSI are showing signs of turning down at high levels, while MACD has formed a golden cross and is expanding upward on the bullish side. On the daily chart, the Bollinger Bands are all opening upward and moving higher. KDJ and RSI are turning down, and MACD bullish momentum is showing top divergence with continued shrinking volume. On the 4-hour timeframe, price has broken below the lower-band support, and on the hourly chart it has also fallen through lower-band support. The market has surged and then pulled back; technically there is a need for a correction, but the overall direction has not changed at all. Another chance to get on board has been given—whether to get in and how to do it is up to everyone themselves! #Bitwise提交NEAR现货ETF最终招股书 $BTC
BTC has repeatedly rebounded and tested the 85000 resistance level, but has failed to hold above it effectively. This morning it surged again but was pressured and pulled back, and is now back near support around 83500. The narrow-range consolidation between 83500 and 85000 has been going on for several days, which is indeed somewhat frustrating.
The intraday strategy remains mainly to buy on dips. Support below is focused on 83000, 81500, and 80500; low-position buying can be arranged around these levels. On rebounds, watch resistance at 85000-87000-90000.
For ETH, watch support at 2620, 2560, and 2500 below; low-position buying can be arranged around these levels. On rebounds, watch resistance at 2720-2850-3000.
BTC's weekly candlestick closed as a hanging man bullish candle, making it two consecutive weeks closing positive. KDJ and RSI are showing signs of turning down at high levels, while MACD has formed a golden cross and is expanding upward on the bullish side. On the daily chart, the Bollinger Bands are all opening upward and moving higher. KDJ and RSI are turning down, and MACD bullish momentum is showing top divergence with continued shrinking volume. On the 4-hour timeframe, price has broken below the lower-band support, and on the hourly chart it has also fallen through lower-band support. The market has surged and then pulled back; technically there is a need for a correction, but the overall direction has not changed at all. Another chance to get on board has been given—whether to get in and how to do it is up to everyone themselves! #Bitwise提交NEAR现货ETF最终招股书 $BTC
