9.29BTC/ETH market outlook:



Bitcoin's weekly K chart has closed with two consecutive bearish candles. The week before last closed with a bearish doji, and last week it formed a hammer candlestick. The price is currently correcting around the middle track. The MACD is showing bearish momentum, while the KDJ and RSI are oscillating downward. On the daily K chart, last Friday's large bearish candle crashed down, finding support at the lower track to halt the decline and rebound. However, this rebound is not a reversal; the strategy should still focus on shorting. The daily K chart is under pressure, and attention should be paid to the middle track at 114,000. The price needs to rebound and stay above this level for this significant correction to be considered finished.

The intraday strategy is to go short. If there is a rebound to test resistance, then go for a high short, paying attention to the resistance around 112000 and 113000. The high short should be positioned around here, with lower targets set at 111000, 110000, and 109000. If there is a direct pullback, then the support to watch below is around 111000. If the support is broken, consider chasing the short.

Ethereum's weekly K line has also seen two consecutive declines, with daily K level resistance at 4360. Until it stands above this level, we should approach it with a bearish mindset. Intraday short-term resistance focuses on 4130, 4170, and 4210; we participate in bullish layouts around these levels, with targets looking down at 4080, 4030, and 3980. #成长值抽奖赢iPhone17和周边
BTC1.47%
ETH1.28%
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Den4ik__13vip
· 09-29 03:22
Hold on tight 💪
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