September 4th morning Bitcoin Ethereum market analysis and trading strategy



From the daily analysis, the price of Bitcoin has risen for several consecutive days, forming three consecutive bullish candles, and yesterday's closing price broke the previous high of 111240, showing a strong rebound trend. From the 4-hour analysis, the candlestick faced resistance near 112500 and retreated, but overall it is still in an upward trend, with highs being gradually refreshed and lows continuously elevated.
#九月份加密市场能否突破# #今日你看涨还是看跌?#

The Ether's performance yesterday showed a steadily rising pattern. The low points of each candlestick are closely connected to the starting points of subsequent candlesticks, resembling steps that are climbing gradually, creating a coherent upward rhythm. The BOLL volatility range presents an upward opening shape, with short-term continuous resistance at 4500, causing a drop back to test this level, which happens to be at the 61 position. Currently, support is around 4440, and if this position stabilizes during the day, the short-term upward trend remains unchanged. However, if it breaks below the key support area of 4412 again, it is likely to further open up downward space.

Bitcoin: 111500-111000, Target: 112500-113500

Ether: 4450-4400 long, target: 4500-4560
ETH0.43%
BTC-0.58%
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